The Green Party carbon tax plan announced at the weekend had hidden traps for households who were promised they would be better off under the plan, Polson Higgs tax partner Michael Turner said yesterday.
New Zealand's sky-high terms of trade have been a key pillar of support for the stronger New Zealand economy over the last year but economists warn their influence is set to wane.
Recent initial public offerings (IPOs) are a sign of confidence businesses have in their ability to raise money and enter the capital markets, Forsyth Barr broker Haley Van Leeuwen said yesterday.
An retail banks may later this week face a history-making situation if the European Central Bank satisfies expectations by introducing negative interest rates.
Abano Healthcare Group sees no justification in changing what it says is a legally valid date for its special meeting on June 13.
Australians with mortgages can breathe a bit easier after the Reserve Bank of Australia yesterday held its cash rate at 2.5% while noting inflation remains consistent with its target of between 2% and 3%.
Private specialist medical and healthcare company Abano Healthcare Group faces a divisive vote on June 13 following a move by dissident shareholders to remove chairman Trevor Janes. Business editor Dene Mackenzie caught up with Abano chief executive Alan Clarke this week for an update.
New Zealand is suddenly experiencing an immigration boom of sizeable proportions, and it could surpass the great one of 2002-03, BNZ senior economist Craig Ebert says.
The establishment of the Taxpayer's Simplification Panel to give New Zealanders a voice in simplifying and modernising the way they pay tax has been welcomed by tax practitioners.
Federated Farmers dairy chairman Willy Leferink used Fonterra's opening farm-gate milk-price forecast to yesterday lambast what he called the ''politicisation of water storage''.
The Government and dairy farmers are facing a backlash from trade unions after Labour Minister Simon Bridges yesterday announced changes which include a fortnightly minimum wage rate.
Higher production by Fonterra's suppliers would more than likely offset a reduced payout next year, Craigs Investment Partners broker Greg Easton said yesterday.
Increased revenue and reduced claims expenses helped Tower Ltd turn an operating loss last year into a much improved operating profit in the six months ended March.
The New Zealand economy has been recovering from recession but slumping house sales are a significant risk to an optimistic outlook for the economy, New Zealand Institute of Economic Research principal economist Shamubeel Eaqub says.
An easier way for Prime Minister John Key to swing a deal with Conservative Party leader Colin Craig may have opened up after the shock resignation as a Cabinet minister yesterday of Maurice Williamson.
Dunedin-based biotechnology company Pacific Edge's bladder cancer test is now available to about one-quarter of the North American population following the signing of a new deal.
Pacific Edge should be applauded for its international success and its ongoing commitment to Dunedin, Otago Chamber of Commerce chief executive John Christie said yesterday.
Timing issues and a lower-than-expected profit from a newly acquired division saw Hellaby Holdings shares sold off brutally after the NZX announcement yesterday.
Two technology companies are expected to list next month, after initial public offerings (IPOs) announced yesterday.
Otago has surged up the rankings of the ASB Main Report Regional Economic Scoreboard to share second-equal place with Auckland and gain a star in the process.
