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New Zealand went through a major program of tax reform in the 1980s. The top marginal rate of income tax was reduced from 66% to 33% (changed to 39% in April 2000, 38% in April 2009, 33% on 1 October 2010 and back to 39% in April 2021) and corporate income tax rate from 48% to 28% (changed to 30% in 2008 and to 28% on 1 October 2010).
Two cruise ships— Celebrity Solstice and Azamara Journey —in Port Chalmers on 15 March. The global COVID-19 pandemic had a significant impact on the New Zealand economy. New Zealand has a mixed economy – a free market with some state ownership and control. [1] In mid-March 2020, the New Zealand Government imposed a four-tier alert level ...
The economy of New Zealand is a highly developed free-market economy. [ 23 ] It is the 52nd -largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd -largest in the world when measured by purchasing power parity (PPP). New Zealand has one of the most globalised economies and depends greatly on ...
For the period of 2018–2021, €6,000,000 annually will be allocated towards the purchase of electric cars and conversion of petrol cars to E85 and gas. An individual registering a new electric car in the period 1.1.2018–30.11.2021 is eligible for a grant of €2,000, if the purchase price of the car is €50,000 or less.
The country exported NZ$ 46.4 billion worth of agricultural products (raw and manufactured) in the 12 months to June 2019, 79.6% of the country's total exported goods. [1] The agriculture, forestry and fisheries sector directly contributed $12.653 billion (or 5.1%) of the national GDP in the 12 months to September 2020, [2] and employed 143,000 ...
The New Zealand Waste Strategy: Towards zero waste and a sustainable New Zealand. ME422. Wellington: Ministry for the Environment. March 2002. ISBN 0-478-24051-1. New Zealand Waste Strategy - Reducing harm, improving efficiency (PDF). ME 1027. Ministry for the Environment. October 2010. ISBN 978-0-478-33298-8. New Zealand Packaging Accord 2004 ...
ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. [5] Australia and New Zealand Banking Group bought the National Bank of New Zealand from Lloyds Bank in 2003. [6] The banks operated as separate brands until 2012, when they were unified under the ANZ brand ...
On 24 May, The New Zealand Herald reported that the Government had allocated a total of NZ$473 million from the 2022 New Zealand budget for purchasing and rolling out a possible fourth dose of the COVID-19 vaccine. This figure included allocating NZ$284.3 million for implementing the COVID-19 immunisation strategy and allocating NZ$189.2m for ...
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