Robertson says the Labor Party would not break its pre-election tax promises if it extended the bright line test; Orr clarifies that the RBNZ would like to see debt-to-income ratios added to its toolkit, but this has not been a priority.

[ad_1] Finance Minister Grant Robertson believes that the Labor Party would not be breaking its pre-election promise not to introduce new taxes, apart from a new top income tax bracket, if it expands the bright line test. According to the test, anyone who sells a residential property within five years …

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Karaka pōhutukawa tree massacre: man pleads guilty

[ad_1] The Pōhutakawa trees were strewn across the Harborside Dr trail and causeway, Karaka. Photo / Supplied A man pleaded guilty to felling eight pōhutukawa trees lining a street in Karaka and causing $ 40,000 in damage. A 40-year-old man had been arrested and charged with criminal damages for allegedly …

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Roadworks speed bumps raise safety concerns

[ad_1] Speeding drivers are raising concerns for the safety of road users and workers on roadworks in the south. The Waka Kotahi NZ Transportation Agency said highway contractors have expressed concern about a “significant increase” in drivers ignoring posted speed limits at southern roadworks sites in recent months. The agency …

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