
Treasury pushes back against increasing taxes on higher-income earners
Deputy DG Christopher Axelson tells Parliament Treasury will prioritise improved revenue collection and closing loopholes rather than further rate increases.

Deputy DG Christopher Axelson tells Parliament Treasury will prioritise improved revenue collection and closing loopholes rather than further rate increases.

Even after record withdrawals, retirement fund assets expanded in the third and fourth quarters of 2024, driven by movements in financial markets.