CTU Economic Bulletin

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  • April 2010

    Reading the 2010 Budget tea leaves

    The National led government presents its second Budget on 20 May. What might be in store?

  • March 2010

    Many people will be thinking about the effect of GST on the cost of living.

  • February 2010

    Is the recession over? We're on the way, many economists say. The government gives mixed messages - John Key emphasises things are improving; Bill English that the economy is still fragile.

  • January 2010

    Taxes

    The Tax Working Group (TWG) report which was made public this month has been widely discussed. There are some positive aspects of its recommendations, and some disappointments.

    To begin with the disappointments: it limited its view of the taxation system largely to its revenue gathering purpose. Yet there are other purposes for the taxation system, notably to redistribute income in an unequal society. Given the substantial rise in inequality and poverty in New Zealand, particularly over the 1980's and 90's, this review was an ideal opportunity to look for ways to use the taxation system for this important social purpose - what is called a progressive tax system.