Businesswire | Scoop InfoPages

InfoPages

Contact

Scoop

Network

Scoop InfoPages

This InfoPage in unregistered, if this is your news page register Businesswire for InfoPages here.

Businesswire - Latest News [Page 88]

Rakon reins in full-year loss, outlook improving

Friday, 21 May 2010, 10:49 am | Businesswire

Rakon reins in full-year loss on pick-up in demand for GPS, outlook improves More >>

NZ tax overhaul set to fuel inflation spike

Friday, 21 May 2010, 10:23 am | Businesswire

May 21 (BusinessWire) – Inflation is set to spike higher than economists had predicted as a result of the increase in goods and services tax and other levies and imposts, adding to expectations the central bank will begin hiking interest rates at its next ... More >>

Stocks to watch: Briscoe, Fletcher, KIP, Rakon

Friday, 21 May 2010, 9:45 am | Businesswire

May 21 - (BusinessWire) – The following stocks may be active on the New Zealand exchange after developments since the close of trading on Friday. All prices are in New Zealand dollars unless specified. More >>

Kiwi slides as Europe fears overshadow Budget

Friday, 21 May 2010, 9:36 am | Businesswire

May 21 (BusinessWire) – The New Zealand dollar extended its slide as the European debt crisis continued to be at the foremost of investors’ minds, overshadowing an upbeat government Budget showing a strong fiscal position. Stocks on Wall Street ... More >>

While you were sleeping: Global recovery in doubt

Friday, 21 May 2010, 7:50 am | Businesswire

May 21 (Business Wire) - Stocks in Europe and the U.S. dropped, along with commodities and oil, as disappointing U.S. labor data and increasing concern about Europe’s debt crisis fuelled worries that the global recovery was in jeopardy. More >>

SMELLIE BRIEFLY SNIFFS: A successful Budget

Thursday, 20 May 2010, 7:20 pm | Businesswire

Just when he was up to his neck in a Tuhoe cooking pot, the Prime Minister's Budget has changed the political conversation, drawing words like "bold" and "radical" from, gasp, the business community, which keeps harping on about the whole "boldness" ... More >>

MARKET CLOSE: NZ shares slide to 3-month low

Thursday, 20 May 2010, 6:03 pm | Businesswire

May 20 (BusinessWire) – New Zealand shares extended their slide for a fifth day as concern about contagion from Europe’s debt crisis and potential moves by China to cool its economy continued to weigh on equities. Westpac Banking Corp. led financials ... More >>

"Bold, radical" Budget say tax experts

Thursday, 20 May 2010, 5:57 pm | Businesswire

by Pattrick Smellie May 20 (BusinessWire) - Tax experts are welcoming the Budget tax package, hailing it "bold", "radical" and "smart" for returning New Zealand to simpler, more rational tax rules that should encourage ... More >>

NZ budget won't undermine credit rating: S&P

Thursday, 20 May 2010, 3:24 pm | Businesswire

May 20 (BusinessWire) – New Zealand’s AA+ debt rating is secure after the 2010 budget, says Standard & Poor’s, with the nation’s credit supported by sound public finances and ‘open and transparent’ policies. More >>

NZ trims debt sales plan as fiscal outlook lifts

Thursday, 20 May 2010, 2:49 pm | Businesswire

May 20 (BusinessWire) – New Zealand’s Debt Management Office cut its bond sales programme by $2 billion over 2010/11, saying an improving fiscal outlook means it doesn’t have such a large government cash shortfall to plug. More >>

Indexation loss tightens screws on WFF

Thursday, 20 May 2010, 2:37 pm | Businesswire

May 20 (BusinessWire) - Changes to prevent Working for Families payments from rising automatically with inflation will save the government more than the high profile measures to stop tax dodgers exploiting the WFF scheme. More >>

Tax on savings vehicles cut to 28%

Thursday, 20 May 2010, 2:31 pm | Businesswire

May 20 (BusinessWire) – Finance Minister Bill English has heeded the calls by the Reserve Bank to help boost incentives for savings by cutting tax on investment vehicles, including PIEs, to 28%. As part of a wide array of changes to the tax system, the ... More >>

Air NZ hurt by Icelandic ash

Thursday, 20 May 2010, 2:17 pm | Businesswire

May 20 (BusinessWire) – Air New Zealand Ltd said it carried 1.4% fewer passengers in April from the year-earlier month. More >>

Govt closes loophole and aligns LAQC tax rates

Thursday, 20 May 2010, 2:16 pm | Businesswire

May 20 (BusinessWire) – The government is closing the loophole on loss attributing qualifying companies (LAQCs), a favoured property investment vehicle, by aligning the tax rates between the structures’ deductions and profits. More >>

Depreciation write-offs: here today, gone tomorrow

Thursday, 20 May 2010, 2:12 pm | Businesswire

May 20 (BusinessWire) – Property investors will face greater scrutiny from the tax department after the government confirmed it will wipe depreciation write-offs for buildings. More >>

Finely balanced tax package depends on growth

Thursday, 20 May 2010, 2:08 pm | Businesswire

May 20 (BusinessWire) - Personal and company tax cuts announced in the Budget today will cost more than the GST increase and clampdowns on tax dodges until 2013/14, and will only ever be fiscally neutral as long as the economy grows as strongly as ... More >>

Biggest tax package in a generation

Thursday, 20 May 2010, 2:06 pm | Businesswire

May 20 (BusinessWire) - Substantial cuts to personal and company tax rates and a rise in GST to 12.5% represent a "once in a generation opportunity to change the direction of this economy," said Finance Minister Bill English, as he unveiled ... More >>