Grey list to go: Cullen
And he says the government also intends to implement the offshore investment changes together with the domestic changes if at all possible. It is understood – as Good Returns reported last week – that one option under consideration has been to delay the offshore tax changes a year, as these have been by far the most controversial.
The domestic changes are crucial to the government’s KiwiSaver workplace savings scheme.
However – although Cullen stopped short of ruling out splitting implementation he made it clear where his preference lies.
“The intention is to try to keep moving reasonably consistently if we can,” Cullen told a briefing on the Half Yearly Economic and Fiscal Update.
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