Inland Revenue seeks to reduce complexity of FBT regime
Inland Revenue (IR) released an issues paper on reform of the FBT regime on April 1, the 40th anniversary of the regime’s introduction.
Business
Trump's tariffs take effect
Trump's tariffs take effect
US President Donald Trump's unilateral 10% tariff on all imports from many countries have taken effect, with higher levies on goods from 57 larger trading partners to start next week.
Cutting-edge tech on way to fuelling future
Cutting-edge tech on way to fuelling future
A Christchurch company leading the way in zero-emission transition technologies is about to build hydrogen fuel stations, firstly in Invercargill and then in its home city, Tim Cronshaw reports.
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Fast-track panel for gold mine nominated
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Fast-track panel for gold mine nominated
Three Central Otago District councillors have been nominated for roles in processing the expected application for fast-track approval for a proposed Santana Minerals Bendigo-Ophir gold project.
What do tariffs mean for interest rates?
What do tariffs mean for interest rates?
US President Donald Trump may have shaken international markets with the introduction of sweeping tariffs, but what it means for New Zealand borrowers is not yet clear.
Family checks out of grocery game after 55 years
Family checks out of grocery game after 55 years
Car crashes and Covid marked the end of an era and the start of another for the owners of an Invercargill supermarket.
Sushi brand part of liquidation as pay, tax owed
Sushi brand part of liquidation as pay, tax owed
A Christchurch takeaway and restaurant business with sushi outlets under the Hachi Hachi brand has folded owing staff holiday pay and a hefty tax bill.
NZ won't launch reciprocal tariffs against US: Luxon
NZ won't launch reciprocal tariffs against US: Luxon
Prime Minister Christopher Luxon says New Zealand is "relatively well positioned" to weather Donald Trump's new sweeping global tariffs.
2degrees fined $325k over misleading claims
2degrees fined $325k over misleading claims
The Auckland District Court has fined telco 2degrees $325,000 over misleading claims about 'free' Australia business roaming.
Confusion as Trump says NZ has 20% tariff against US
Confusion as Trump says NZ has 20% tariff against US
US President Donald Trump's claim about NZ has raised eyebrows as experts weigh the consequences.
Trump announces 10% tariff on NZ goods
Trump announces 10% tariff on NZ goods
New Zealand exporters face hundreds of millions of dollars of tariffs on goods sent to the US as President Donald Trump carried through with his trade charges.
Economist warns against cutting OCR
Economist warns against cutting OCR next week
Westpac's chief economist has thrown a cat among the forecasting pigeons, saying the Reserve Bank shouldn't cut the OCR next week.
What to check in KiwiSaver if Trump trouble hits
What to check in KiwiSaver if Trump trouble hits
Markets may be volatile, as US President Donald Trump continues to make waves, but investors are being told they shouldn't let it put them off making sound decisions.
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Mine extension application lacks CIA
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Mine extension application lacks CIA
OceanaGold has applied for its Macraes mine extension without a cultural impact assessment, a matter "reluctantly" acknowledged by iwi representatives.
A toast to peanut butter’s 1000th batch
A toast to peanut butter’s 1000th batch
Mark Hastie is a smooth operator.
KiwiRail's $8m bill for consultants unacceptable: Peters
KiwiRail's $8m bill for consultants unacceptable: Peters
KiwiRail's $8 million spend on management consulting is unacceptable, says Minister for Rail Winston Peters.
Wool industry needs to wake up, advocate says
Wool industry needs to wake up, advocate says
Wool advocate Craig Smith says the global wool industry needs to wake up and ask if it is there for quality or simply to hit a price point.
Direct flights take off from Christchurch to Cairns
Direct flights take off from Christchurch to Cairns
The first of Jetstar's new daily direct flights from Christchurch to Cairns took off today.
70 jobs gone as Body Shop NZ stores close
70 jobs gone as Body Shop NZ stores close
The Body Shop New Zealand has been placed into liquidation, with all stores closed and the loss of about 70 jobs.
Trump to impose tariffs as nervous world awaits trade war
Trump to impose tariffs as nervous world awaits trade war
US President Donald Trump is to impose new tariffs, the White House has confirmed, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about a trade war.