18.09.2014 - John Key faces surprise risks on path to third term
If you are a two-term prime minister like New Zealand's John Key and you want a third - with your personal popularity near 60 per cent, a 3.8 per cent economic growth rate making your nation one of the five fastest-growing developed economies and the so-called Kiwi brain drain slowing - you'd think the only way to blow an election victory would be to lose yourself. Labour leader David Cunliffe's answer is a capital gains tax of 15 per cent, but excepting the family home and Australian investments. Crucially, he plans to establish a "NZ Inc Sovereign Wealth Fund" to invest in new and existing strategic assets. The aim is to make New Zealand's industrial future green. There's also a regional development fund and talk of making superannuation compulsory in some instances..........................................Full Article: Source
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