Finance Minister Grant Robertson reminded us – in a speech to Auckland business people – about changes to the Public Finance Act which require him to set out the wellbeing objectives that will guide the Government’s Budget decisions this year.
The Budget will also reflect the te ao Maori perspective that Treasury has been incorporating in the budget process through a framework called He Ara Waiora.
What will this mean in terms of Budget taxing and spending? We can’t wait to find out.
We recall that one question examined by our Treasury officials a few years ago was how tikanga Māori (in particular manaakitanga, whanaungatanga, and kaitiakitanga) could help create a more future-focused tax system.
Perhaps by relying more on koha and less on IRD demands.
Meanwhile Robertson has spelled out the Budget 2021 wellbeing objectives: Continue reading “State servants cool on pay curbs, despite Robertson eschewing the “freeze” tag – but will they warm to a koha-based tax system?”