We’re exploring how taxes shape life in New Zealand—from what you earn, to what you spend, and even how you save for retirement. With ongoing chatter about a potential capital gains tax (CGT) under Labour’s new policies, we dive into what a CGT actually is and how it might change the financial landscape for Kiwis.

We break down New Zealand’s progressive income tax system, GST, and corporate taxes, comparing them to other nations like Norway and Australia. Why does New Zealand have lower taxes and fewer universal benefits, and what does this mean for the average Kiwi? Plus, we look at how Australia’s superannuation system stacks up against KiwiSaver, with higher returns driving stronger retirement savings across the ditch.