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Geof Nightingale: 'Significant' black market in New Zealand

Author
Newstalk ZB ,
Publish Date
Mon, 12 May 2025, 8:10am
There is already a growing illicit market for cigarettes. (Photo / Supplied)
There is already a growing illicit market for cigarettes. (Photo / Supplied)

Geof Nightingale: 'Significant' black market in New Zealand

Author
Newstalk ZB ,
Publish Date
Mon, 12 May 2025, 8:10am

It’s been revealed that New Zealand’s hidden economy costs us around $13 billion a year in unseen taxes.

It comes out to around 11 percent of our GDP.

Independent tax expert Geof Nightingale talks to Mike Hosking about our black market.

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