The New Zealand government ran an operating deficit of $10.16 billion in the nine months ended March 31, almost 15pc worse than forecast. The government faces a potential credit rating downgrade from Standard and Poor's unless it can...

Avoiding and minimising tax is almost a national sport...

Thousands of households could lose their eligibility for Working for Families tax credits from tomorrow, but companies and beneficiaries stand to gain as a raft of regulatory changes across government departments kicks in.

Almost half of all Kiwi business owners would vote for a common economic zone and currency with Australia.

Uncertainty is possibly the most unwanted and disruptive influence on business today.

More can be done to improve the tax system to promote economic growth, says Treasury secretary John Whitehead.

The Govt's budget cash deficit is wider than forecast as an expected spending surge ahead of the increase in GST failed to eventuate and companies paid less tax.

New Zealand has one of the lowest GST rates in the OECD, despite households now being charged at a higher rate than before.