2010: tax cuts
2014: partial asset sale of powercos & AirNZ
2024: tax cuts
2026/27: asset sales? (If Nats win next year)
The reason is blindingly obvious: tax cuts means less tax revenue.Nats have to make up shortfall.
2010: tax cuts
2014: partial asset sale of powercos & AirNZ
2024: tax cuts
2026/27: asset sales? (If Nats win next year)
The reason is blindingly obvious: tax cuts means less tax revenue.Nats have to make up shortfall.