Accountants call for changes in capital gains tax draft

Nikki Mandow
Wed, 23 Jan 2019

By Nikki Mandow Jan. 24 (BusinessDesk) - Accounting industry body CPA Australia is calling for changes to the capital gains tax as proposed by the Tax Working Group. It says the system in the draft report could “stymie investment, business and jobs growth”. CPA Australia executive general manager Craig Laughton says members - including approximately 2,000 accountants in New Zealand - have several concerns about the Tax Working Group’s initial report. These include: - the fact it does not include “grandfathering”, meaning the new regime...
MARKET CLOSE: NZ shares rise as optimism over covid drug buoys Asia
Dan Brunskill | Mon, 13 Jul 2020

New Zealand shares joined a rally across Asia, as upbeat investor sentiment spilled over from Wall Street's close on Friday on optimism over a late-stage trial for a hopeful covid-19 treatment.  Th...

Law & Regulation
SFO probes Labour Party on donations
Victoria Young | Mon, 13 Jul 2020

The Serious Fraud Office has confirmed a fifth investigation into electoral funding, stating today it is looking into donations to the Labour Party.The agency said the probe relates to donations made...

NZ dollar little changed as global shares defy worsening covid news
Jenny Ruth | Mon, 13 Jul 2020

The New Zealand dollar was little changed as traders awaited further trend-setting information and as rising share markets were offset by Florida reporting a US record for new covid infections. The...

The role of private equity in the wake of COVID-19

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