“RODNEY HIDE – Standover Tactics: $180 Million for a Gold Mine An iwi group allegedly demanded $180 million from Santana Minerals to approve the Bendigo Santana gold mine in Central Otago. This is not consultation. It is standover tactics enabled by our planning laws.
ACT Resources spokesman Simon Court has called it exactly what it is. Documents and meetings show iwi representatives pointed to a previous seven-figure payout for a hydro project as the benchmark. Pay up or face opposition. The company calculated the lifetime “contribution” at around $180 million. Kā Rūnaka say $180 million has not been their “focus,” but they have not denied the report.
This is textbook rent-seeking. The Resource Management Act and its successors have given certain groups effective veto power over development. “Cultural impact” and “partnership” have become polite words for a toll gate. Developers pay for endless hui, reports and “benefits” or watch their projects die in the queue. Environmental effects take second place to ancestry.
Thomas Sowell warned us about this in *Affirmative Action Around the World*. Race-based preferences do not deliver justice. They create corruption, mismatch and resentment. Politicians and bureaucrats hand out power in the name of equity. Insiders game the system. Merit collapses. New Zealand’s planning regime proves him right every single day.
I fail to see how this advances the environment or Treaty justice. It advances opportunism. Projects with the right ethnic branding move forward. Projects without stall. Costs are passed on in higher power bills, more expensive housing and infrastructure that never gets built. We all pay the price — Maori included — in lost jobs and forgone wealth.
Parliament has known this for years. Successive governments expanded race-based planning while pretending it was partnership. The Fast-track Approvals Bill and Spatial Planning reforms were supposed to cut red tape. Instead they kept the poison pills — Treaty principles, iwi partnerships and Māori-specific tracks. The result is predictable. Public infrastructure is delayed, investment flees and taxpayers foot the bill for the legal warfare.
This is not environmentalism. It is state-enabled graft wearing a Māori cloak. The abuse of power is remarkable.
The free-market solution is simple and overdue: strip every racial preference from planning law. One set of clear rules. One standard of consent. Property owners decide what happens on their land. Councils enforce objective environmental standards — nothing more. No vetoes by ancestry. No “pound of flesh” for every sod turned.
New Zealand was built on secure property rights and equal treatment under law. Race-based planning has corrupted that foundation. Scrap it. Restore one law for all. Anything less is not justice — it is institutionalised corruption. Kiwis deserve better. Our economy and our future demand it.”
And so Hunty, if your dream and wish comes true, you will get Hipkins and Labour, The Greens and The Maori Party along with Ngarewa-Packer and a dim Tattooed Thug will be running the country and Taxing your Bank Account, bigly. Communism and Maori separatism will follow and the Blueprint, He Puapua will be dusted off big time, the day after the election. Disharmony will sweep through the country and people like Willie Jackson will become extremely arrogant with demands that will make a Virgins eyes water.
If that is what you want, you may well get it. Show me where I may be wrong.
Nice scenario Ed but if NZF get around 25% then I think ACT will be higher than 12% (unless Seymour puts his big hoof in it again like last time near the election). NB I’m not an ACT voter.
Seymour cannot help himself. Look at the last election. ACT was hitting a target of 15% at one stage. Seymour said something stupid and got less in the election. The same will happen again.
You may be right, but that is not how I read Hunty’s post, for he offered no solution or alternative, so one is lead to assume he is seeking the Opposition as the Country’s savior.
I suspect some Mullahs are preparing their Virgins… Watch this space
“UAE says it intercepted 19 missiles and drones launched from Iran
The UAE Defense Ministry said on Monday its air defense systems engaged 12 ballistic missiles, three cruise missiles and four drones launched from Iran.”
“Trump threatens to ‘blow Iran off the earth’ after ship attacks in Hormuz”
Hope he does. I’ll live with a bit more pain at the pump if he gets this right. Talking to them is like negotiating with our Feral Special people. Waste of time.
Yeah, just get in there and get it over with. They only understand one thing and who knows when there’ll be another chance if you don’t finish the job now.
The world is chokka with archaeological sites that prove that the heritage of an invaded country is considered valueless to the invaders. Instance Babylon, Troy, Jerusalem & Rome.
What is different this time is that the vandals have been welcomed rather than resisted.
Grok says that this is largely true and a stark illustration of how AI is already displacing white-collar technical jobs — even at highly profitable companies.
“Learn to code” no longer applies.
Those most affected by AI are predicted to be customer service & sales representatives, translators, historians, writers, political scientists, journalists & management analysts. The jobs most exposed are ones that involve knowledge work—such as computer, math, or administrative work in an office,
Logging Equipment Operators along with water treatment plant & system operators are among the jobs with virtually no generative AI exposure, thanks in part to their hands-on equipment requirements.
Whether this will discourage university attendance leading to rubbish degrees & make recycling corn kernels at the sewage station a desirable, long term career is moot but one thing is certain.
The new elite may not be power dressers & it is doubtful that they will see the inside of an office. Hi viz & workboots will be the new chique.
You said water treatment plant & system operators are among the jobs with virtually no generative AI exposure. It might be a good thing for wellington ratepayers if this became a thing. a.i. might be an improvement
AI would be a definite upgrade at management level. Then you could have a clean out of the elected idiots of the WCC who prefer cycleways to 21st century sanitation. Top of the list though would be Wellington Water who ripped off council & ratepayers unmercifully. Then you could replace the staff & management of Veolia who bring an international flavour of incompetence having been cited several overseas legal cases alleging maintenance failures that also resulted in raw sewage being discharged into the sea.
Bugger AI. Cardboard cut-outs of councillors, managers, engineers, contractors & general staff would be an improvement.
Was goggle that lost 45 million on their Al plant in Auckland.
Thank fuck. Just imagine the power that would suck out of the lines and give the locals brownouts!
That’s something that taxes my thinking processes Sooty. Notwithstanding the fact that we wouldn’t need AI server farms if we didn’t have governments prying into our private lives the amount of electricity required to run them is enormous.
Add to that the fresh water needed for cooling or additional electricity for the same purpose we have the brain dead wanting to site the servers in Dorkland which teeters on the edge of energy poverty at the best of times.
Why the fuck don’t they build the wretched things in the back of Bumfuck, Southland. It’s just down the road from Manapouri & if Meridian raised their power bill like they do with every other consumer Rio Tinto would be gone by Thursday.
The climate is sub antarctic & the water falls from the skies 365 days of the year. It would be the first server farm in the world with a logfire to stop the racks from freezing up!
It was and why.
Because the new generation of chips is like Fibre, made with glass instead of silica on wafers. Glass, of course, is silica-based.
The glass is faster and doesn’t use the same amount of electricity, and thus generates minimal heat.
Amazon has rented space with others here.
The NZ Police should be limited to investigating objective crime & dealing in facts. The second their reach extends into the subjective & involves issuing warnings & thus dictating social thinking their impartiality goes out the window.
If a crime has been committed then put the evidence in front of a judge. The traditional role of the police is to collect evidence & keep the peace.
If you think polls are a load of shit now wait until this becomes common place-
Silicon sampling is a practice in public opinion polling where large language models (LLMs) are used to generate simulated responses that mimic human opinions, rather than surveying actual people.
This method allows organizations to produce polling data at a fraction of the cost and time of traditional methods, addressing issues like declining phone response rates.
Key aspects include:
Mechanism: AI models are prompted with demographic profiles to create “digital twins” or synthetic personas that answer survey questions, effectively replacing human respondents.
Motivation: It offers speed and scalability, with some industry estimates suggesting cost savings of up to 90% compared to conventional polling.
Controversy: Critics, including academics and journalists, warn that it undermines the integrity of public opinion research by generating “fictions” rather than real data, potentially distorting policy decisions and eroding public trust.
Adoption: Major firms like Gallup and Ipsos are exploring partnerships with AI startups (e.g., Simile, Aaru) to integrate these simulations into their services, despite significant ethical and accuracy concerns.
#. “Meta’s legal team said in a filing that New Mexico’s “requests for relief are so broad and so burdensome, that if implemented it might force Meta to withdraw its apps entirely from the State of New Mexico as an alternative way of complying with the injunction.”
The State government disagrees:
#. “We know Meta has the ability to make these changes. For years the company has rewritten its own rules, redesigned its products, and even bent to the demands of dictators to preserve market access. This is not about technological capability. Meta simply refuses to place the safety of children ahead of engagement, advertising revenue, and profit,”
We won’t be the only ones watching the outcome. The slimy Nats are pushing the same thing.
A couple of quite long items. Read them before you complain because they get right to the heart of why NZ business is so hard.
The quiet tax setting shaping who owns New Zealand – Elliot Royce
Every year, I talk to business owners in their mid-50s trying to work out what happens next. Not to their business in some abstract sense – but to the actual people inside it. Whether the manager who has been there 12 years can afford to buy in. Whether the firm is sold offshore, absorbed into a larger group or simply wound down.
More often than not, the outcome is not what anyone hoped for.
Statistics New Zealand reported a net loss of more than 40,000 New Zealand citizens over a 12-month period to November 2025. That figure includes experienced professionals – the cohort who, in a functioning succession pipeline, would become the next generation of owners and senior leaders in domestic firms.
We often frame the so-called brain drain as a story about lifestyle choices. It is also a story about whether the system gives capable people a reason to stay and build something here.
There is a structural issue underneath this – and it receives less attention than it should.
Mid-market firms – the backbone of regional economies and the places where management depth actually forms – operate under largely the same regulatory and compliance burden as large corporates. Employment law, health and safety requirements, cyber security expectations and governance standards are broadly similar regardless of whether revenue is $5 million or $500m.
The difference is scale. A multinational can spread those fixed costs across a much larger base. A provincial engineering firm cannot.
Then there is tax.
New Zealand’s statutory company tax rate is 28%. That rate applies broadly. However, the 2018 Tax Working Group found large enterprises, on average, faced effective tax rates below the statutory headline because of financing structures and deductions.
Meanwhile, the profitable but not-yet-scaled firm – the one trying to hire a second-tier leadership team and build genuine capability – pays the full rate on every dollar.
This is not an argument against foreign investment or scale. Larger firms play an important role in the economy.
But it is reasonable to ask whether the current architecture quietly favours incumbency and consolidation over organic scale-up.
New Zealand taxes individuals progressively, but company profit at 28% is flat. A graduated model would apply a lower rate to an initial tranche of taxable profit before reverting to 28% above a defined threshold.
Comparable jurisdictions differentiate in this way. The United Kingdom applies a lower small-profits rate with marginal relief for companies below certain thresholds. Canada provides a reduced federal rate for eligible private corporations under its small business deduction.
The rationale is not redistribution. It is reinvestment.
The OECD has found higher corporate tax burdens can reduce investment by increasing the cost of capital and are associated with lower productivity growth, particularly in profitable industries. Retained earnings matter. They fund hiring, leadership development and the capacity required to scale.
The Inland Revenue Department collected approximately $20.7 billion in company tax in the year to June 2025. A graduated model with a fiscal envelope in the order of $2b would represent roughly 10% of that take.
That is real money. But policy settings shape behaviour. And right now, the settings quietly favour scale through acquisition rather than scale through internal ownership.
Treasury has previously observed dividend payments to overseas investors contribute to New Zealand’s external income deficit. Ownership structure influences where long-term surplus flows.
None of this is a silver bullet. Company tax settings do not determine everything. Immigration policy, capital markets and governance capability all matter.
But New Zealand’s mid-market is heading into a decade of ownership transition as founders age out. The question is whether the architecture around those businesses makes organic scale and internal succession viable – or subtly tips the balance toward consolidation and sale.
That is a serious structural question. And tax structure is a reasonable place to start. Elliot Royce is the founder and director of Beyond Potential, a strategic advisory firm that works with founders and owners of mid-market Australasian companies.
I agree with that. We drive people out who are the next generation, impoverish SME’s so that when times are tough, the banks close shop on them.
There is another issue as well and that is one of the GST threshold.
Here is a submission that I made several months ago that you might find interesting.
I have a suggestion that will save people a lot of time, effort, and increase efficiency for the IRD., whilst promoting growth in the economy.
In New Zealand, the Goods and Services Tax (GST) was introduced on1 October 1986
The Goods and Services Tax (GST) rate in New Zealand was last increased from 12.5% to15% on 1 October 2010
I’m sure you are aware that it’s scope is very broad as well. Summarised below.
The level at 60k is barely above minimum wage these days, and the 60k limit discourages people from working to grow their incomes.
e.g. People who have an Airbnb will sit just below that threshold when they could earn more. They do that because of the need to report when they go over the 60K. ( I know places where that happens).
e.g People who run weekend stalls will do enough to stay under the threshold, so our potential for exponential growth gets stunted or turned into a cash for goods.
Cash that we all know no one wants to talk about but everyone wants to collect.
There are a lot of people who work from home and do stuff that do enough to remain below the threshold. Often have other means. They are out there.
Given all the hassles, etc., that are involved or their need to pay a bookkeeper and so on, have an accounting system and paying for that and so on. Not worth the effort.
Given that its 2010 since that threshold was changed it is well past time to increase it and make small businesses grow to their potential.
What should the new level be and so I asked Chat this question
If something in NZ was worth $15.00 in 2010, what would be the value today? Chat replied
Based on cumulative inflation in New Zealand between 2010 and early 2026, an item costing $15.00 in 2010 would be worth approximately $22.00 to $22.50 NZD in early 2026.
This represents an overall price increase of roughly 48% to 50% over that 16-year period, driven by an average annual inflation rate of about 2.5%.
2010 Value: $15.002026 Value: ~$22.30 Prices for specific types of goods and services have changed at different rates. If your $15.00 item falls into one of these categories, its estimated 2026 value would be:
Housing & Utilities:$24.27 (Highest increase due to rising rents and electricity).Food & Beverages:$23.11.Transport:$21.14.Clothing & Apparel:$16.29 (Lowest increase relative to other categories). Key Inflation Insights (2026)
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010.Current Rate: As of February 2026, annual inflation in New Zealand has recently fluctuated between 2.5% and 3.1%, following a peak of over 7% in 2022.Official Tools: For the most precise calculation based on the latest quarterly Consumer Price Index (CPI) data, you can use the Reserve Bank of New Zealand Inflation Calculator. Good information, so then I asked:
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the GST rate was 15% after a threshold of $60000.
Applying the purchasing power to the GST threshold, what should the threshold be today?
(and sorry had to clip as chat wouldn’t let me copy it. Conspiracy says The IRD were watching )
Chat replied:
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value. Intereting that it mentions side hustles. Inte
Interesting that Chat mentions side hustles. I had not asked for that information. What should the GST level be now?
Based on the above calculation the GST threshold should be lifted to a minimum of $90,000, but more pragmatically a level of $100,000 would make sense as that would allow for perhaps the next 5 years inflation. So then I asked Chat
reading above and allowing for predicited inflation for the next 5 years, what should the threshold level for GST in NZ be until 2031
Chat Replied
Projected Threshold Requirements (2026–2031)
Using the current estimated requirement of $89,500 – $92,300 to match 2010 values today, the following table projects what the threshold would need to be to keep pace with future inflation. These projections assume the Reserve Bank of New Zealand (RBNZ) successfully manages inflation near its 2% target midpoint
Inflation Forecast Context
Current economic data indicates that inflation may remain slightly higher than the target midpoint in the near term:
Near-term pressure: Annual inflation reached 3.1% in the 12 months to December 2025, which was above the RBNZ’s 1–3% target band.Long-term expectations: Business managers forecast inflation at approximately 2.31% over a 5-year horizon and 2.3% over a 10-year horizon as of early 2026.Impact on calculation: If inflation averages 2.5% rather than 2% over the next five years, the 2031 threshold would need to be approximately $101,200 – $104,400So Chat calculates that $100,000 would get us to 2030-1.
Apart from the benefits of improving business and the economy, removing the costs of bureaucracy, the big benefit would be for ACT.
Get that through a couple of months before the election, and you will make a lot of voters.
One should not dismiss the ethnicities of thousands of these small traders and tradies. Most come from countries that don’t have GST or such.
Of course, it doesn’t relieve them of the end-of-year returns nor Paye & Acc.
That, I guess, is for another day. Bring it on.
Make it Happen is this year’s call.
I will be exalted for doing good.
“Whoever humbles themselves will be exalted” means that people who act with humility, serve others, and don’t seek personal glory will be raised in honour and reputation by God.
fkers..still in bed as usual. Aww well, I’ll just go and do another hour in the gym
Late to bed and late arising with much to do.
spoiler alert… hunty named his crapper “gym”
least it wasn’t ” Jim “
I’m up. Just got nothing useful to say.
Can’t talk..doin reps..”101..102..103 aww the Burn!!!
Have you tried the other hand?
That’s a good idea, thanks for that! These things are so difficult when you’re a famous T.V celebrity like myself – you just don’t have the time.
“RODNEY HIDE – Standover Tactics: $180 Million for a Gold Mine
An iwi group allegedly demanded $180 million from Santana Minerals to approve the Bendigo Santana gold mine in Central Otago. This is not consultation. It is standover tactics enabled by our planning laws.
ACT Resources spokesman Simon Court has called it exactly what it is. Documents and meetings show iwi representatives pointed to a previous seven-figure payout for a hydro project as the benchmark. Pay up or face opposition. The company calculated the lifetime “contribution” at around $180 million. Kā Rūnaka say $180 million has not been their “focus,” but they have not denied the report.
This is textbook rent-seeking. The Resource Management Act and its successors have given certain groups effective veto power over development. “Cultural impact” and “partnership” have become polite words for a toll gate. Developers pay for endless hui, reports and “benefits” or watch their projects die in the queue. Environmental effects take second place to ancestry.
Thomas Sowell warned us about this in *Affirmative Action Around the World*. Race-based preferences do not deliver justice. They create corruption, mismatch and resentment. Politicians and bureaucrats hand out power in the name of equity. Insiders game the system. Merit collapses. New Zealand’s planning regime proves him right every single day.
I fail to see how this advances the environment or Treaty justice. It advances opportunism. Projects with the right ethnic branding move forward. Projects without stall. Costs are passed on in higher power bills, more expensive housing and infrastructure that never gets built. We all pay the price — Maori included — in lost jobs and forgone wealth.
Parliament has known this for years. Successive governments expanded race-based planning while pretending it was partnership. The Fast-track Approvals Bill and Spatial Planning reforms were supposed to cut red tape. Instead they kept the poison pills — Treaty principles, iwi partnerships and Māori-specific tracks. The result is predictable. Public infrastructure is delayed, investment flees and taxpayers foot the bill for the legal warfare.
This is not environmentalism. It is state-enabled graft wearing a Māori cloak. The abuse of power is remarkable.
The free-market solution is simple and overdue: strip every racial preference from planning law. One set of clear rules. One standard of consent. Property owners decide what happens on their land. Councils enforce objective environmental standards — nothing more. No vetoes by ancestry. No “pound of flesh” for every sod turned.
New Zealand was built on secure property rights and equal treatment under law. Race-based planning has corrupted that foundation. Scrap it. Restore one law for all. Anything less is not justice — it is institutionalised corruption. Kiwis deserve better. Our economy and our future demand it.”
Solution all Maori consultation fees subject to a new rate if tax 99.99%.
Zimbabwe here we come!
Zimbabwe Kicked Out WHITE FARMERS → Economy Collapsed → Now It Wants Them Back
Rodney may get it……ACT appear to get it……….Increasing number of New Zealanders are getting it…….
National/Luxon are not getting or wanting to get it.
If Luxon keep on his current course he will definitely get it but perhaps not he expected.
Look at who the new ACT candidate in Auckland is. Do you trust him to have this RMA reform that every one seems to want?
They are gone come election time. 100% toast, and they deserve it. National hasn’t listened to the public at all, so they can get farked. NEEEEXT!
And so Hunty, if your dream and wish comes true, you will get Hipkins and Labour, The Greens and The Maori Party along with Ngarewa-Packer and a dim Tattooed Thug will be running the country and Taxing your Bank Account, bigly. Communism and Maori separatism will follow and the Blueprint, He Puapua will be dusted off big time, the day after the election. Disharmony will sweep through the country and people like Willie Jackson will become extremely arrogant with demands that will make a Virgins eyes water.
If that is what you want, you may well get it. Show me where I may be wrong.
You might be reading the room wrong. The best outcome would be a strong NZFirst, 25%, ACT 12%, and National on 15%
My prefernce NZ1s 20% Act 20% National 13%.
Would Luxon fall on his sword or hang around like a bad smell, same as Hopkins, Stinking the place up.
Nice scenario Ed but if NZF get around 25% then I think ACT will be higher than 12% (unless Seymour puts his big hoof in it again like last time near the election). NB I’m not an ACT voter.
Seymour cannot help himself. Look at the last election. ACT was hitting a target of 15% at one stage. Seymour said something stupid and got less in the election. The same will happen again.
Understand your point but prefer Act to have more MPs than Winston.
You may be right, but that is not how I read Hunty’s post, for he offered no solution or alternative, so one is lead to assume he is seeking the Opposition as the Country’s savior.
You assumed wrong. Listen to the Ed.
Sometimes you do have words of wisdom. Only sometimes mind.
You ‘avent been told today..’ave ya..’ave ya
To much sun, lad.
spend the next few days in the shade.
No beach for you!
Clash of the egos.
Hunty and Ed rumble! 🤣
I suspect some Mullahs are preparing their Virgins… Watch this space
“UAE says it intercepted 19 missiles and drones launched from Iran
The UAE Defense Ministry said on Monday its air defense systems engaged 12 ballistic missiles, three cruise missiles and four drones launched from Iran.”
“Trump threatens to ‘blow Iran off the earth’ after ship attacks in Hormuz”
Hope he does. I’ll live with a bit more pain at the pump if he gets this right. Talking to them is like negotiating with our Feral Special people. Waste of time.
Yeah, just get in there and get it over with. They only understand one thing and who knows when there’ll be another chance if you don’t finish the job now.
Worth reading. I would not be rushing to live in OZ at the moment.
https://www.joannenova.com.au/2026/05/the-usa-is-the-global-energy-powerhouse/
Albanasty 1 out of 10 Trump 9 out of 10 but may take time for those with TDS and Drongos to understand if the ever they do.
Going for the lowest common demoniator, even lower than 3rd world but pre stone-age.
Yet it will be put into the “misunderstanding” basket.
https://nitter.poast.org/i/status/2044854279547056481
1 mins 30 secs :
Many good memes in the comments.
Some one has figured who & what “kindly” connections have enabled that.
So the English country-side is being overwhelmed, just as eventually NZ will be overwhelmed.
The world is chokka with archaeological sites that prove that the heritage of an invaded country is considered valueless to the invaders. Instance Babylon, Troy, Jerusalem & Rome.
What is different this time is that the vandals have been welcomed rather than resisted.
South Auckland must have been a really important site in the old days.
Preparing for a date.
https://x.com/RealestMemes_/status/2051134729282273720
AI and Oracle staff.
https://t.me/thewhiterosenz/342111/347458
Larry Ellison Nuff said. Intelligent but a cunt.
Grok says that this is largely true and a stark illustration of how AI is already displacing white-collar technical jobs — even at highly profitable companies.
“Learn to code” no longer applies.
Those most affected by AI are predicted to be customer service & sales representatives, translators, historians, writers, political scientists, journalists & management analysts. The jobs most exposed are ones that involve knowledge work—such as computer, math, or administrative work in an office,
Logging Equipment Operators along with water treatment plant & system operators are among the jobs with virtually no generative AI exposure, thanks in part to their hands-on equipment requirements.
Whether this will discourage university attendance leading to rubbish degrees & make recycling corn kernels at the sewage station a desirable, long term career is moot but one thing is certain.
The new elite may not be power dressers & it is doubtful that they will see the inside of an office. Hi viz & workboots will be the new chique.
You said water treatment plant & system operators are among the jobs with virtually no generative AI exposure. It might be a good thing for wellington ratepayers if this became a thing. a.i. might be an improvement
Didn’t help when they fucked the poo plant, did it!
AI would be a definite upgrade at management level. Then you could have a clean out of the elected idiots of the WCC who prefer cycleways to 21st century sanitation. Top of the list though would be Wellington Water who ripped off council & ratepayers unmercifully. Then you could replace the staff & management of Veolia who bring an international flavour of incompetence having been cited several overseas legal cases alleging maintenance failures that also resulted in raw sewage being discharged into the sea.
Bugger AI. Cardboard cut-outs of councillors, managers, engineers, contractors & general staff would be an improvement.
Was goggle that lost 45 million on their Al plant in Auckland.
Thank fuck. Just imagine the power that would suck out of the lines and give the locals brownouts!
That’s something that taxes my thinking processes Sooty. Notwithstanding the fact that we wouldn’t need AI server farms if we didn’t have governments prying into our private lives the amount of electricity required to run them is enormous.
Add to that the fresh water needed for cooling or additional electricity for the same purpose we have the brain dead wanting to site the servers in Dorkland which teeters on the edge of energy poverty at the best of times.
Why the fuck don’t they build the wretched things in the back of Bumfuck, Southland. It’s just down the road from Manapouri & if Meridian raised their power bill like they do with every other consumer Rio Tinto would be gone by Thursday.
The climate is sub antarctic & the water falls from the skies 365 days of the year. It would be the first server farm in the world with a logfire to stop the racks from freezing up!
It was Amazon
It was and why.
Because the new generation of chips is like Fibre, made with glass instead of silica on wafers. Glass, of course, is silica-based.
The glass is faster and doesn’t use the same amount of electricity, and thus generates minimal heat.
Amazon has rented space with others here.
Not enough crime in NZ evidently. If the cops can waste theri time over this, they obviously don’t have enough to do. Twats.
https://centrist.nz/police-visit-over-new-india-post-raises-free-speech-concerns/?utm_source=Klaviyo&utm_medium=email&utm_campaign=5-5-2026&ulk=none&_kx=6yy73MiwIdv9yg7Lb9K9xJiH3T0K7nzFLHtKxS6V2xo.VYfxNg
Just outright tell the cops to fuck off. They’ll soon get the message.
old chap let me know when this is happening, ( the cops–fuck off ) I will bring some chips and popcorn plus a comfy seat.
I’ve had to do it once already. Filmed the cunts as I chased them up the street. They were just about running at the end. Happy to do it again,
Details please.
The NZ Police should be limited to investigating objective crime & dealing in facts. The second their reach extends into the subjective & involves issuing warnings & thus dictating social thinking their impartiality goes out the window.
If a crime has been committed then put the evidence in front of a judge. The traditional role of the police is to collect evidence & keep the peace.
Let’s keep it that way.
One is waiting in trepidation at the knock on the door here. Butter chickens are the flavour of the month now.
As owner of the blog do you have any potential liability arising from what other posters say?
No its all in the Terms and conditions you all agreed to when you signed up.
who cares…*runs away sniggering*🤪
you may run away but you cannot hide. Me and my a.i mates will track you down.
Just look in the red light district of Phuket.
gay or normal?
What ever your preference is.
They swing every which way. (or so l am told)
What is the worst combination of illnesses?
Alzheimer’s & diarrhoea. You’re running, but can’t remember where.
If you think polls are a load of shit now wait until this becomes common place-
Silicon sampling is a practice in public opinion polling where large language models (LLMs) are used to generate simulated responses that mimic human opinions, rather than surveying actual people.
This method allows organizations to produce polling data at a fraction of the cost and time of traditional methods, addressing issues like declining phone response rates.
Key aspects include:
https://www.youtube.com/watch?v=nUgl_bMNkuU
The REAL Reason Why Craig Stobo Lost His Job As FMA Chair
Head of the Financial Market Authority lost his position after voicing his own opinion against woke Wellington.
Who hired him?
Explains the pay gap
https://x.com/CL4WS_OUT/status/2051368871660077308?s=20
DEI hire. There is one male secret service hire who was bloody slow pulling out his shooter too.
A good reason not to have a smartphone:
https://www.theburningplatform.com/2026/05/04/chatrie-v-united-states-and-the-rise-of-geofence-surveillance/
If not here yet, this technology won’t be far away.
Perhaps the average Kiwi isn’t getting the message that our masters want us to. The headline at https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/brad-olsen-infometrics-principal-economist-on-an-extra-1bn-physical-cash-in-kiwi-wallets/ reads:
“Physical cash in Kiwi wallets totals $1bn more than last year”.
The experts put it down to global insecurity. My money (in cash) is on expected power outages & the fear of being debanked at a whim.
Winston getting international attention….
“New Zealand says Iran breached ceasefire with attacks on UAE” and
“Iran’s actions violate the ceasefire and are unhelpful for peace negotiations,” Foreign Minister Winston Peters wrote in a post on X.”
from https://www.iranintl.com/en/liveblog/202604294038
Who is going to blink first? Meta is threatening to pull Facebook & Instagram from New Mexico over child safety trial requirements.
https://www.foxbusiness.com/technology/meta-threatens-pull-facebook-instagram-from-new-mexico-over-child-safety-trial-requirements
#. “Meta’s legal team said in a filing that New Mexico’s “requests for relief are so broad and so burdensome, that if implemented it might force Meta to withdraw its apps entirely from the State of New Mexico as an alternative way of complying with the injunction.”
The State government disagrees:
#. “We know Meta has the ability to make these changes. For years the company has rewritten its own rules, redesigned its products, and even bent to the demands of dictators to preserve market access. This is not about technological capability. Meta simply refuses to place the safety of children ahead of engagement, advertising revenue, and profit,”
We won’t be the only ones watching the outcome. The slimy Nats are pushing the same thing.
A couple of quite long items. Read them before you complain because they get right to the heart of why NZ business is so hard.
The quiet tax setting shaping who owns New Zealand – Elliot Royce
Every year, I talk to business owners in their mid-50s trying to work out what happens next. Not to their business in some abstract sense – but to the actual people inside it. Whether the manager who has been there 12 years can afford to buy in. Whether the firm is sold offshore, absorbed into a larger group or simply wound down.
More often than not, the outcome is not what anyone hoped for.
Statistics New Zealand reported a net loss of more than 40,000 New Zealand citizens over a 12-month period to November 2025. That figure includes experienced professionals – the cohort who, in a functioning succession pipeline, would become the next generation of owners and senior leaders in domestic firms.
We often frame the so-called brain drain as a story about lifestyle choices. It is also a story about whether the system gives capable people a reason to stay and build something here.
There is a structural issue underneath this – and it receives less attention than it should.
Mid-market firms – the backbone of regional economies and the places where management depth actually forms – operate under largely the same regulatory and compliance burden as large corporates. Employment law, health and safety requirements, cyber security expectations and governance standards are broadly similar regardless of whether revenue is $5 million or $500m.
The difference is scale. A multinational can spread those fixed costs across a much larger base. A provincial engineering firm cannot.
Then there is tax.
New Zealand’s statutory company tax rate is 28%. That rate applies broadly. However, the 2018 Tax Working Group found large enterprises, on average, faced effective tax rates below the statutory headline because of financing structures and deductions.
Meanwhile, the profitable but not-yet-scaled firm – the one trying to hire a second-tier leadership team and build genuine capability – pays the full rate on every dollar.
This is not an argument against foreign investment or scale. Larger firms play an important role in the economy.
But it is reasonable to ask whether the current architecture quietly favours incumbency and consolidation over organic scale-up.
New Zealand taxes individuals progressively, but company profit at 28% is flat. A graduated model would apply a lower rate to an initial tranche of taxable profit before reverting to 28% above a defined threshold.
Comparable jurisdictions differentiate in this way. The United Kingdom applies a lower small-profits rate with marginal relief for companies below certain thresholds. Canada provides a reduced federal rate for eligible private corporations under its small business deduction.
The rationale is not redistribution. It is reinvestment.
The OECD has found higher corporate tax burdens can reduce investment by increasing the cost of capital and are associated with lower productivity growth, particularly in profitable industries. Retained earnings matter. They fund hiring, leadership development and the capacity required to scale.
The Inland Revenue Department collected approximately $20.7 billion in company tax in the year to June 2025. A graduated model with a fiscal envelope in the order of $2b would represent roughly 10% of that take.
That is real money. But policy settings shape behaviour. And right now, the settings quietly favour scale through acquisition rather than scale through internal ownership.
Treasury has previously observed dividend payments to overseas investors contribute to New Zealand’s external income deficit. Ownership structure influences where long-term surplus flows.
None of this is a silver bullet. Company tax settings do not determine everything. Immigration policy, capital markets and governance capability all matter.
But New Zealand’s mid-market is heading into a decade of ownership transition as founders age out. The question is whether the architecture around those businesses makes organic scale and internal succession viable – or subtly tips the balance toward consolidation and sale.
That is a serious structural question. And tax structure is a reasonable place to start.
Elliot Royce is the founder and director of Beyond Potential, a strategic advisory firm that works with founders and owners of mid-market Australasian companies.
https://www.nzherald.co.nz/business/personal-finance/tax/the-quiet-tax-setting-shaping-who-owns-new-zealand-elliot-royce/premium/XLPH56CBPRHK7GZ73VPPAA7RYQ/
I agree with that. We drive people out who are the next generation, impoverish SME’s so that when times are tough, the banks close shop on them.
There is another issue as well and that is one of the GST threshold.
Here is a submission that I made several months ago that you might find interesting.
I have a suggestion that will save people a lot of time, effort, and increase efficiency for the IRD., whilst promoting growth in the economy.
In New Zealand, the Goods and Services Tax (GST) was introduced on1 October 1986
The Goods and Services Tax (GST) rate in New Zealand was last increased from 12.5% to15% on 1 October 2010
I’m sure you are aware that it’s scope is very broad as well. Summarised below.
The level at 60k is barely above minimum wage these days, and the 60k limit discourages people from working to grow their incomes.
e.g. People who have an Airbnb will sit just below that threshold when they could earn more. They do that because of the need to report when they go over the 60K. ( I know places where that happens).
e.g People who run weekend stalls will do enough to stay under the threshold, so our potential for exponential growth gets stunted or turned into a cash for goods.
Cash that we all know no one wants to talk about but everyone wants to collect.
There are a lot of people who work from home and do stuff that do enough to remain below the threshold. Often have other means. They are out there.
Given all the hassles, etc., that are involved or their need to pay a bookkeeper and so on, have an accounting system and paying for that and so on. Not worth the effort.
Given that its 2010 since that threshold was changed it is well past time to increase it and make small businesses grow to their potential.
What should the new level be and so I asked Chat this question
If something in NZ was worth $15.00 in 2010, what would be the value today?
Chat replied
Based on cumulative inflation in New Zealand between 2010 and early 2026, an item costing $15.00 in 2010 would be worth approximately $22.00 to $22.50 NZD in early 2026.
This represents an overall price increase of roughly 48% to 50% over that 16-year period, driven by an average annual inflation rate of about 2.5%.
2010 Value: $15.002026 Value: ~$22.30 Prices for specific types of goods and services have changed at different rates. If your $15.00 item falls into one of these categories, its estimated 2026 value would be:
Housing & Utilities: $24.27 (Highest increase due to rising rents and electricity).Food & Beverages: $23.11.Transport: $21.14.Clothing & Apparel: $16.29 (Lowest increase relative to other categories). Key Inflation Insights (2026)
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010.Current Rate: As of February 2026, annual inflation in New Zealand has recently fluctuated between 2.5% and 3.1%, following a peak of over 7% in 2022.Official Tools: For the most precise calculation based on the latest quarterly Consumer Price Index (CPI) data, you can use the Reserve Bank of New Zealand Inflation Calculator. Good information, so then I asked:
)
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the GST rate was 15% after a threshold of $60000.
Applying the purchasing power to the GST threshold, what should the threshold be today?
(and sorry had to clip as chat wouldn’t let me copy it. Conspiracy says The IRD were watching
Chat replied:
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Purchasing Power: A New Zealand dollar today buys roughly 65–67% of what it could in 2010 when the gst rate was 15% after a threshold of $60000. applying the purchasing power to the GST threshold what should the threshold be today
Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Current Context in NZ
The Status Quo: The mandatory registration threshold remains strictly $60,000 of turnover in any 12-month period.Bracket Creep: Because the threshold is not indexed to inflation, more small businesses and “side hustles” are being pulled into the GST system every year as their nominal prices rise, even if their actual profit or volume hasn’t grown.Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Calculation Breakdown
To find the inflation-adjusted threshold, we apply the inverse of the purchasing power ratio to the original 2010 limit:
Determine the Multiplier: If $1 today only buys roughly 65% of what it did in 2010, the cost of goods has effectively increased by a factor of data:, .Adjust the Threshold: Applying this to the $60,000 limit:At 67% purchasing power: data:, $89,552At 65% purchasing power: data:, $92,308 Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value.
While the threshold was set at $60,000 when the GST rate increased to 15% on 1 October 2010, it hasn’t been adjusted since, meaning businesses are effectively forced to register for GST at a much lower level of “real” income than they were 14 years ago.
Based on your figures for the decline in purchasing power since 2010, the New Zealand GST registration threshold should be adjusted to approximately $89,500 – $92,300 today to maintain the same real-world value. Intereting that it mentions side hustles. Inte
Interesting that Chat mentions side hustles. I had not asked for that information.
What should the GST level be now?
Based on the above calculation the GST threshold should be lifted to a minimum of $90,000, but more pragmatically a level of $100,000 would make sense as that would allow for perhaps the next 5 years inflation.
So then I asked Chat
reading above and allowing for predicited inflation for the next 5 years, what should the threshold level for GST in NZ be until 2031
Chat Replied
Projected Threshold Requirements (2026–2031)
Using the current estimated requirement of $89,500 – $92,300 to match 2010 values today, the following table projects what the threshold would need to be to keep pace with future inflation. These projections assume the Reserve Bank of New Zealand (RBNZ) successfully manages inflation near its 2% target midpoint
Inflation Forecast Context
Current economic data indicates that inflation may remain slightly higher than the target midpoint in the near term:
Near-term pressure: Annual inflation reached 3.1% in the 12 months to December 2025, which was above the RBNZ’s 1–3% target band.Long-term expectations: Business managers forecast inflation at approximately 2.31% over a 5-year horizon and 2.3% over a 10-year horizon as of early 2026.Impact on calculation: If inflation averages 2.5% rather than 2% over the next five years, the 2031 threshold would need to be approximately $101,200 – $104,400So Chat calculates that $100,000 would get us to 2030-1.
Apart from the benefits of improving business and the economy, removing the costs of bureaucracy, the big benefit would be for ACT.
Get that through a couple of months before the election, and you will make a lot of voters.
One should not dismiss the ethnicities of thousands of these small traders and tradies. Most come from countries that don’t have GST or such.
Of course, it doesn’t relieve them of the end-of-year returns nor Paye & Acc.
That, I guess, is for another day. Bring it on.
Make it Happen is this year’s call.
Oi, you will be hang out with Helun Clark!
Don’t be fucking stupid.
I will be exalted for doing good.
“Whoever humbles themselves will be exalted” means that people who act with humility, serve others, and don’t seek personal glory will be raised in honour and reputation by God.
Finance and business obviously are not within your understanding, then?