Crown finance entities aided by strong markets
Crown finance entities aided by strong markets
Crown financial institutions felt the benefits of strong world sharemarkets in the nine months ended March, Treasury documents show.
Dene Mackenzie
Capital gains tax long been a Green policy
Capital gains tax long been a Green policy
The Green Party has stolen a march on Labour regarding capital gains tax after Labour leaked its proposals to the media but is refusing to verify what will be in its tax package being released next week.
Blue Sky shrugs off effects of storm
Blue Sky shrugs off effects of storm
Innovative thinking by Blue Sky Meats as it contemplated the drastic effect of last spring's storms on available stock helped the company report a much improved profit for the 12 months ended March.
Government likely to claim finance tide turning
Government likely to claim finance tide turning
The Government appears likely to go into the November 26 election claiming it has made a start in turning around the country's financial position.
Case for a capital gains tax flawes: consultant
Case for a capital gains tax flawes: consultant
Claims that a capital gains tax would create large amounts of government income and make houses cheaper were flawed, Polson Higgs tax partner Michael Turner said yesterday.
Peters backs retention of jobs at Hillside
Peters backs retention of jobs at Hillside
New Zealand First leader Winston Peters yesterday threw his support behind the campaign to save the KiwiRail-owned Hillside Engineering workshops.
Infrastructure bonds way to spread cost
Infrastructure bonds way to spread cost
Issuing infrastructure bonds to investors could be a way for the Government to spread the cost of its $17 billion infrastructure plans, Craigs Investment Partners broker Chris Timms said yesterday.
Capital gains not ruled out of Labour's tax policy
Capital gains not ruled out of Labour's tax policy
Labour is about to announce new tax policies but leader Phil Goff is tight-lipped about whether a new capital gains tax would be part of the package. Business editor Dene Mackenzie looks at some options.
57% extra fizz in Charlie's buyout
57% extra fizz in Charlie's buyout
Tokyo-listed Asahi Group Holdings yesterday created three multimillionaires when it made an offer for the Charlie's Group, the manufacturer of juices and organic beverages.
Data tipped to give boost to quake-battered economy
Data tipped to give boost to quake-battered economy
Two significant data releases this week should provide a much needed fillip to an economy battered by earthquakes.
Aussie dollar-denominated bond offer issued
Aussie dollar-denominated bond offer issued
Fonterra yesterday launched a $A200 million ($NZ260 million) offer of five-year, Australian dollar-denominated bonds as it continues its policy of raising funds where it trades.
Further changes likely for KiwiSaver
Further changes likely for KiwiSaver
KiwiSaver turned 4 on Friday but birthday celebrations were kept low key. Despite accumulating $8 billion in savings, KiwiSaver, like other superannuation schemes before it, has become a political football. Business editor Dene Mackenzie reports.
Building consent slow nationwide
Building consent slow nationwide
A nationwide weakness in building consents suggests the repair work in Canterbury cannot come fast enough for the construction sector, ASB economist Chris Tennent-Brown says.
Heartland buy likely seen as positive
Heartland buy likely seen as positive
The proposed acquisition by Heartland Bank of PGG Wrightson Finance is good news for investors as it increases the scale of Heartland, which will likely to be perceived as positive in the eyes of credit rating agencies.
SBS sets up quake recovery team
SBS sets up quake recovery team
SBS Bank has formed a specialist earthquake recovery team to work with clients in Christchurch whose houses have been affected by the major quakes and aftershocks.
AMI confident it can settle all Canterbury earthquake claims
AMI confident it can settle all Canterbury earthquake claims
AMI Insurance has secured a reinsurance package and is confident it can settle all valid claims associated with the Canterbury earthquakes, chief executive John Balmforth says.
SBS shows solid profit after allowing for earthquakes
SBS shows solid profit after allowing for earthquakes
SBS Bank showed yesterday it has not been immune from potential losses associated with the Christchurch earthquakes.
Curran criticism of Telecom 'classic case' of electioneering
Curran criticism of Telecom 'classic case' of electioneering
Dunedin South MP Clare Curran has been accused of "vitriolic scaremongering" in her continuing attacks on Telecom in speeches in Parliament and in press releases.
Positive forecast by Genesis
Positive forecast by Genesis
State-owned Genesis Energy is bucking the trend of most other energy companies by forecasting a substantial increase in the value of its assets and an improved operating profit for the year.
Stiff penalties for employers
Stiff penalties for employers
Employers face some stiff monetary penalties from Friday if they cannot produce employment agreements for existing staff but employer representatives are not expecting any major problems.