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The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand.New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ...
These are collected by a range of government agencies such as the New Zealand Customs Service. There is no social security (payroll) tax. 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 ...
$256m over four years to increase tertiary tuition and training subsidies to providers by 2.5%. [6] Student loan interest rates for overseas borrowers to increase from 3.9% to 4.9% from 1 April 2025. [6] Announced before the Budget: $153m to set up Charter Schools. [6] [9] Structured literacy. [6] $53m for teacher training and recruitment. [10]
The COVID-19 pandemic led to the largest year-over-year increase in U.S. money supply, which in turn sent the prevailing rate of inflation soaring to a four-decade high. Following a decade of ...
In 2025, a single work credit is worth $1,810, up from $1,730 in 2024. So if you want your four work credits for the year, you'll need to make sure your wages equal at least $7,240.
Unfortunately, insurers are still allowed to raise rates in 2025 although the increase is capped at $35 a month. Still, this can be a substantial amount of money in added premiums.
New Zealand and the United Arab Emirates sign a comprehensive economic partnership agreement, cutting tariffs on 98.5% of New Zealand exports to that country. [15] 14 January – Deputy Police Commissioner Jevon McSkimming is suspended from duties due to a criminal investigation by the Independent Police Conduct Authority and the New Zealand ...
Superannuation in New Zealand This page was last edited on 12 May 2022, at 23:30 (UTC). Text is available under the Creative Commons Attribution ...