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Now Playing: Govt poised to raise GST (1:40)
Source: ONE News
Prime Minister John Key has revealed the government could raise the GST rate from 12.5% to as much as 15%, pushing the cost of everyday items higher.
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Now Playing: Prime Minister John Key's opening address (2:58)
Source: ONE News
Prime Minister John Key details the other key government initiatives for 2010, including tax cuts and changes to property depreciation rules.
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Now Playing: Changes to personal tax rates (2:06)
Source: ONE News
With a rise in GST will come a fall in personal tax rates. Will the changes be beneficial for you?
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Now Playing: Govt poised to raise GST: Craig Elliffe talks to TVNZ News at 8 (5:34)
Source: ONE News
PM John Key has signalled an increase in GST, tax cuts and getting more tax out of property investors. Craig Elliffe, professor of taxation and law at the Auckland University Business School talks to TVNZ News at 8.
ONE News Bulletins
Q+A Video
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Q+A Interview: National MP Paul Goldsmith (6:06)
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Q+A Interview: Green MP Mojo Mathers (4:41)
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Q+A: Panel on formation of new Government (5:45)