Inland Revenue trying to claw back $90 million from our 390 ultra-rich
17 Mar, 2021 05:00 PM
6 minutes to read
The number of ultra-rich New Zealanders has nearly doubled since 2014 with 390 people now worth $50 million or more. Some members of the group - called High Wealth Individuals (HWIs) by Inland Revenue - are in a fight over more than $90 million in disputed tax.
One of New Zealand s leading experts on economic inequality was amazed by the figures and worries about the future impact of Covid-19.
And a Rotorua Lakes councillor said New Zealand is facing down the barrel of a generation of beneficiaries as the gap between the rich and the poor continues to grow.
Ruthless Manchester City sweeps aside Gladbach, back in CL quarters
17 Mar 2021 - 14:01
Manchester City s Kevin De Bruyne celebrates after the match REUTERS/Bernadett Szabo
AP
BUDAPEST, Hungary: The quarterfinals have proved to be the ceiling for Manchester City in the Champions League under Pep Guardiola.
The team is back there again, for a fourth straight season, after sweeping aside Borussia Monchengladbach in the last 16.
And this time, things feel very different.
The ruthless nature of City’s 4-0 aggregate win over Gladbach, sealed by another 2-0 victory over the German team in the second leg on Tuesday, smacked of a side in control of its destiny.
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Hill Street back on agenda
Pressure group Fix Hill Street Now posted billboards decrying the fact Hill Street was absent from Council’s 10-year budget.
Rodney Councillor Greg Sayers says the Hill Street intersection looks likely to figure in Auckland Council’s 10-year budget, following a meeting with the Auckland Transport board of directors.
Late last week, Cr Sayers says he has secured indications from the board that $7 million will, in all probability, be set aside to purchase land and secure a resource consent to upgrade the troubled intersection. This will mean the project will not end up a “dead duck in the water”.
Covid 19 coronavirus: Government points finger back at Australia over transtasman travel bubble hold-ups
16 Mar, 2021 04:55 AM
4 minutes to read
Judith Collins is calling for a travel bubble with Australia, saying Queenstown will die otherwise. Video / Mark Mitchell
Judith Collins is calling for a travel bubble with Australia, saying Queenstown will die otherwise. Video / Mark Mitchell
The Government has tried to point the finger back at Australia over delays in setting up a two-way transtasman bubble as it faces increasing criticism over the issue.
In Parliament, Covid-19 Minister Chris Hipkins and Deputy Prime Minister Grant Robertson both took aim at Australia s requirement for people to get an exit visa to leave the country, and Australia s halt to quarantine-free travel from New Zealand during the February outbreaks in Auckland.