Dawn Chorus: A windfall profits tax?

Choruses

0:00

-6:44

Paid episode

The full episode is only available to paid subscribers of The Kākā by Bernard Hickey

Dawn Chorus: A windfall profits tax?

Greens propose one-off excess profits tax on larger companies in more monopolistic sectors that reported $15b rise in Covid-era profits; Winston Peters a kingmaker again in new poll

Bernard Hickey

Oct 30, 2022

∙ Paid

TLDR: The Greens are proposing a one-off windfall profits tax on companies that saw their profits jump $15b during the Covid era, in part due to $20b worth of cash handouts to companies from the Government and massive monetary policy and fiscal policy stimulus.

Large companies in monopolistic sectors - including supermarkets - banked large profit increases over Covid. Photo: Lynn Grieveson / The Kākā

Paying subscribers can see and hear more detail and analysis below the paywall fold and in the podcast above. I also put fresh detail and news in the chat section of Substack’s iPhone app for paying subscribers during the day. The chat function on the Android app is coming soon.

Available for iOS and Android

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.

Choruses

The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.

Listen on