Associate Justice Minister Nicole McKee has confirmed the exemption will allow 13 banks across the country to share a wider range of information. This move will enable faster detection of fraudulent activity and reduce the likelihood of customer funds disappearing…

After a major sell-off that wiped out more than NZ$800 billion, US markets rebounded overnight. However, financial experts warn that the turbulence may not be over. For Kiwi investors, the volatility highlights how closely New Zealand’s economy is tied to…

After years of flexibility during the pandemic, the department is stepping up efforts to collect overdue payments and close a growing tax debt gap. IR has sent out tens of thousands of notices warning that deductions could be made from…

While the move aims to stimulate growth and control inflation, its most immediate impact will be felt in the wallets of everyday New Zealanders. By cutting interest rates more than expected, the Reserve Bank is helping to reduce borrowing costs…

These amendments have now become law following Royal Assent, which means the new rules are effective from 1 October 2025. There are three primary adjustments that individuals and families should understand: Eligible families can now claim up to 40 percent…

The changes are also expected to simplify compliance, and make the country a more attractive place for talent and investment. For taxpayers, these changes highlight a shift toward fairness and efficiency in the way Inland Revenue manages obligations. One of…

From October 1, the cost of visiting Aotearoa will rise with the International Visitor Conservation and Tourism Levy (IVL) increasing to NZ$100. For New Zealanders, this development is more than just a headline about tourists paying more – it has…