Thursday, May 15, 2008

New Zealand Tax Cuts

New Zealand Government will give some relief to households from higher costs and deliver promised tax cuts according to Fin Min Cullen. But they will not be large because if concerns over adding to inflation and an expected drop in tax revenue from a slowing economy.

It seams a small step in improving the current housing market in New Zealand but if Expats keep buying property and the British migration continues, locals will need more help

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