TL;DR: National is set to unveil the details of what it says is a ‘self-funded’ plan worth $2 billion of four tax cuts offset by four tax hikes later this morning.
Elsewhere, the IMF has warned New Zealand’s house prices are 50% over-valued and the Government faces big emissions credits liabilities because it’s on track to miss its Paris Agreement committments. The IMF suggested (again) the Government look at introducing capital gains and land taxes to pay for climate, housing and public transport investment.
Also, a poll shows TOP are unlikely to get into Parliament through leader Raf Manji winning the Ilam electorate.
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