Big Australian tax cuts may lure more Kiwis; Tax rates in Aust and NZ 2 Edition

Tax experts Deloittes said that at worst, someone earning $NZ80,000 in New Zealand would pay about $2600 more in tax than a worker on $A80,000 in Australia. Those on more than $180,000 were better off in New Zealand. National Party leader Don Brash said the across-the-board tax cuts would mean more...

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Bibliographic Details
Published inThe Press (Christchurch, N.Z.)
Main Author WEIR, James
Format Newspaper Article
LanguageEnglish
Published Christchurch, New Zealand Stuff Limited 11.05.2006
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Summary:Tax experts Deloittes said that at worst, someone earning $NZ80,000 in New Zealand would pay about $2600 more in tax than a worker on $A80,000 in Australia. Those on more than $180,000 were better off in New Zealand. National Party leader Don Brash said the across-the-board tax cuts would mean more competition from Australia for New Zealand's "best and brightest" and the skills needed to keep the Kiwi economy growing. In the year to March, 34,500 New Zealanders moved to Australia, attracted by higher-paying jobs, better job opportunities and climate.
ISSN:0113-9762