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Racing enjoys special treatment under NZ gambling laws. Why?

  • Written by Lisa Marriott, Professor of Taxation, Te Herenga Waka — Victoria University of Wellington
Racing enjoys special treatment under NZ gambling laws. Why?Kai Schwoerer/Getty Images

Despite the harm it is known to cause to a significant number of New Zealanders, the gambling industry as a whole is commonly defended for its contribution back to the community.

Lotto NZ, for example, must redistribute all profits from Lotto in this way. Other forms of gambling are taxed or regulated differently, but most...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...