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SORRY APPLE – THE HOLIDAY HERE MAY BE OVER. TIME TO PAY TAX.

New Zealand looks ready to crack down tax on dodging US tech companies like Apple who pay very little tax here. For the year ended...

FORGET AUCKLAND'S HOUSES – NOW IT'S THE DAIRY FARMERS WHO ARE IN TROUBLE

  The Reserve Bank’s focus is now shifting from Auckland housing to a dairy industry that increasingly looks as though it is in deep trouble .Just...

RESERVE BANK DROPS INTEREST RATES

  For the first time since March 2011 the Reserve Bank has cut the Official Cash Rate down from 3.5 to 3.25 per cent. And it...

ALL EYES ON THE RESERVE BANK

 All eyes will be on the Reserve Bank this morning as its releases its quarterly Monetary Policy Statement. MPs who are on the Finance and...

BILL ENGLISH'S SOCIAL SERVICES REFORMS STEP UP THEIR PACE

The Government announcement that it plans to develop Social Impact Bonds is yet another indication that the Bill English – led reform of the...

THE INSPECTOR MAY CALL – BUT WE CAN'T SAY WHEN

MPs today heard a revealing account of antiquated systems within the Auckland Council’s Building Control Department. The Department --- which deals with over 17,000 applications...

SMITH OPTIMISTIC RMA REFORMS CAN BE ACHIEVED

The Government is still optimistic that a Bill to reform the Resource Management Act can go through Parliament later this year. Last Friday the Prime...

THE DEVIL IN THE BUDGET'S DETAIL

Tax cuts in 2017 will depend on the Government achieving a credible surplus next year. That will now become the focus of the Government. If it...

QUESTIONS ABOUT O'REILLY'S RESIGNATION

Questions are being asked around Parliament about the surprise resignation today of Business New Zealand Chief Executive Phil O’Reilly. Mr O'Reilly has been CEO for...

NEW HOUSING TAX A POLITICAL COUP

The Government’s announcement of what amounts to a capital gains tax on investor housing is a political coup. Whilst it exposes National to some risk...

MORE BUDGET HINTS

As more hints come about this Budget it is increasingly look like it will be the social policy budget. The Prime Minister says it will...

POLITICAL PRESSURE FROM AUCKLAND MPs FORCED THE GOVERNMENT HOUSING TAX MOVE

The Government’s capital gains tax proposal on investor housing announced today apparently came after pressure from some Auckland MPs. Even so, Caucus as a whole...

GOVERNMENT MAY SOON MOVE ON AUCKLAND HOUSING — Treasury says a Capital Gains Tax...

Speculation is mounting tonight that the Prime Minister is about to announce a major move on Auckland housing. He is set to deliver the keynote...

RESERVE BANK THROWS DOWN GAUNTLET ON PROPERTY SPECULATION TAX

  The Reserve Bank has once again thrown the gauntlet down to the Government over taxing housing speculators. Challenged at the Finance Select Committee today by...

OVERSEAS BUYERS WILL ESCAPE NEW RESERVE BANK RESTRICTIONS

Today’s Reserve Bank crackdown on Auckland residential property investors excludes overseas (mainly Chinese) investors who pay cash for properties. And the Deputy Governor of the...

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