“We’ll continue to work with Labour to make our tax system fairer,” Green Party Co-leader James Shaw said today following the Government response to the Tax Working Group release. “The Green Party has long called for a capital gains tax as a way to level the playing field for hard working New Zealanders who have struggled to get ahead. “Taxing income from capital the same way we tax income from work would reduce the wealth gap, fix the housing crisis...

The Green Party welcomes the Tax Working Group report, which lays out a plan to ensure taxation in Aotearoa is fair and enhances the wellbeing of all New Zealanders.

The Green Party welcome moves to make huge multinational companies like Facebook and Google pay their fair share of tax in New Zealand.

The Green Party backs the Government’s decision to freeze MPs’ pay for the next year and welcomes a review that will investigate changes down the track to ensure pay increases are in line with increases other working New Zealanders receive. “The Green Party has long called for fairer pay settings for MPs so pay changes match what is happening with workers’ pay,” Green Party Co-leader Marama Davidson said. “MPs are paid well above the average worker, so giving them a...

The Green Party has secured a historic suite of budget wins valued at $618 million that prioritises protecting nature and backing the transition to a green economy. The budget package comes in addition to funds already going towards green public transport projects valued at up to $13.5 billon, including light rail from the Auckland CBD to the airport and a new billion dollar fund for safe cycle and walkways in the Government GPS.  “This is the greenest budget in living...

The Green Party today published its fully costed policy manifesto along with an independent analysis of its fiscal implications. The independent fiscal analysis, by economics consultancy Infometrics using Treasury data, shows that in government the Greens will be able to deliver real action on climate change, cleaner rivers, and significant poverty reductions while running surpluses and paying down debt, as per the party’s Budget Responsibility Rules. “This fiscal plan ties together everything we’ve promised this year and provides the substance...

Winston Peters needs to show us how he plans to pay for his $10 billion of recent election promises before he attacks Labour on their fully-costed plan, the Green Party said today. Winston Peters set out another new condition of going into government with Labour this morning, saying that Labour must tell him what its tax plans are. “Winston Peters needs to explain what new taxes he plans to raise to pay for his $10 billion of election promises before...

A bigger surplus will allow a new government to manage the economy responsibly while making the changes people know are needed, like lifting kids out of poverty, cleaning up our rivers, solving the housing crisis, and tackling climate change, the Green Party said today. The Pre-Election Fiscal Update (PREFU) released today shows stronger growth in the short term, resulting in a higher than forecast surplus for the government this year by $2.1 billion. However, forecast productivity growth remains weak and...

The Green Party in government will end the tax advantages property speculators currently enjoy under National by implementing a comprehensive tax on capital gains, the Green Party said today. The Green Party is the only political party to have consistently called for a comprehensive capital gains tax (excluding the family home) for more than 15 years. The IMF, OECD, and the Government’s own Savings Working Group have called for a tax on capital gains. National’s 2009 Tax Working Group found...

The Green Party welcomes today’s announcement that the New Zealand Superannuation Fund has dumped $950 million of high-risk fossil fuel investments, despite a National Government that is still backing oil and coal. The $35 billion New Zealand Superannuation Fund announced today that it has sold off $950 million of companies with high exposure to carbon emissions and fossil fuel reserves due to the significant long-term risks they present to investors. The selloff includes New Zealand companies Genesis Energy and NZ...