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BusinessDesk - Latest News [Page 103]

CORRECT: Investors fear chilling effect

Thursday, 21 February 2019, 9:57 pm | BusinessDesk

Feb. 21 (BusinessDesk) - Including all businesses, commercial land and buildings, and farms in the proposed extension of the capital gains tax regime is shaping up as the political sharp end of the battle that will occur over the next nine weeks ... More >>

MARKET CLOSE: NZ shares gain; a2 hits new record

Thursday, 21 February 2019, 9:40 pm | BusinessDesk

MARKET CLOSE: NZ shares gain; a2 hits new record, F&P climbs on patent deal More >>

NZ dollar eases against Aussie on strong jobs data

Thursday, 21 February 2019, 9:39 pm | BusinessDesk

Feb. 21 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart after strong employment data across the Tasman but then recouped much of the decline after Westpac predicted the Reserve Bank of Australia will cut rates twice this year. More >>

KiwiSaver funds face unrealised capital gains tax

Thursday, 21 February 2019, 9:37 pm | BusinessDesk

Feb. 21 (BusinessDesk) - Managed funds, including KiwiSaver schemes, will pay unrealised capital gains tax on changes in the value of the New Zealand and Australian shares if the recommendations of the Tax Working Group applying to portfolio investment ... More >>

Planning changes need to speed renewables development

Thursday, 21 February 2019, 9:35 pm | BusinessDesk

Feb. 21 (BusinessDesk) - Planning rules will need amending if the country is to increase its use of renewable energy at least cost to the environment and consumers, MPs heard today. More >>

A guide to the Tax Working Group's 'other' recommendations

Thursday, 21 February 2019, 9:34 pm | BusinessDesk

Feb. 21 (BusinessDesk) - The New Zealand Superannuation Fund shouldn't have to pay income tax, rubbish and traffic congestion taxes should be pursued, and the "unusually loose" rules governing privately controlled foundations and trusts need new ... More >>

MYOB adds 57% more subscribers in 2018 but still lag

Thursday, 21 February 2019, 5:28 pm | BusinessDesk

MYOB adds 57% more subscribers in 2018 but total online customers still lag Xero's More >>

Investors fear chill effect as former IRD boss opposes CGT

Thursday, 21 February 2019, 5:22 pm | BusinessDesk

Investors fear chilling effect as former IRD boss opposes capital gains proposals More >>

Stuff 1H earnings slide but Nine still optimistic of finding

Thursday, 21 February 2019, 5:19 pm | BusinessDesk

Feb. 21 (BusinessDesk) - Stuff's first-half earnings fell at a steeper pace than its shrinking revenue, but new owner Nine Entertainment Co is still optimistic it will find a buyer for New Zealand's biggest online news group this year. More >>

TeamTalk affirms annual earnings guidance on rising costs

Thursday, 21 February 2019, 2:33 pm | BusinessDesk

Feb. 21 (BusinessDesk) - TeamTalk expects annual earnings to be largely in line with last year after reporting an 11 percent decline in first-half profit as investments in its telecommunications network drove up operating costs. More >>

Extend CGT while taxing lower incomes less - working group

Thursday, 21 February 2019, 2:25 pm | BusinessDesk

Feb. 21 (BusinessDesk) - The Tax Working Group’s final recommendations urge the government to make a broad extension to the capital gains tax regime while allowing low and middle income earners to earn more at lower tax rates and receive higher ... More >>

NZ Post achieves first-half revenue growth

Thursday, 21 February 2019, 2:16 pm | BusinessDesk

Feb. 21 (BusinessDesk) - New Zealand Post has managed to lift revenue for the first time since 2015 as growth in sales from parcels delivery more than offset continuing falls in mail volumes. More >>

Govt to step up efforts - second Queensland fruit fly caught

Thursday, 21 February 2019, 1:49 pm | BusinessDesk

Feb. 21 (BusinessDesk) - The government will step up efforts in Auckland to protect the country's $6 billion horticulture export industry after the discovery of a second male Queensland fruit fly on the North Shore. More >>

Spark's Moutter bangs drum for 5G spectrum auction

Thursday, 21 February 2019, 12:21 pm | BusinessDesk

Feb. 21 (BusinessDesk) - The government needs to keep its next radio spectrum auction on schedule if Spark New Zealand is to have a 5G network up and running by July 2020, the company says. More >>

F&P Healthcare and ResMed drop patent infringement disputes

Thursday, 21 February 2019, 12:19 pm | BusinessDesk

Feb. 21 (BusinessDesk) - Fisher & Paykel Healthcare and ResMed have agreed to settle all outstanding patent infringement disputes with no payment or admission of liability by either side after racking up millions of dollars in legal fees in a fight that ... More >>