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Media release: Unemployment Insurance will mean more tax - NZ Initiative report

Wellington (Thursday, 11 November 2021) A new unemployment insurance scheme would be another tax on income, with little benefit, and increase unemployment, according to a new report from The New Zealand Initiative. The think tank warns that the scheme could constitute a 2 – 3% tax increase for every Kiwi worker in the medium-term. Read more

Chelsy Killick
Media release
11 November, 2021
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Climate of distraction

This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more

Insights Newsletter
5 November, 2021
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The next financial crisis?

Both the global financial crisis (GFC) of 2007-2008 and the Covid-19 pandemic caused disruptions to the world economy. During the GFC, stock markets plummeted, and millions of people became unemployed. Read more

Insights Newsletter
5 November, 2021

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