Subscribe today - find out more
Why you should consider BusinessDesk

Property changes will undermine NZ's investment standing

Brent Melville
Wed, 28 Jul 2021

'Not competing with first home buyers': Kent Gardner (Image: Supplied)
Brent Melville
Wed, 28 Jul 2021
Scuttling tax deductibility on interest payments for residential investors won’t solve housing problems and could undermine New Zealand's international investment standing, BusinessNZ says.In a letter to Inland Revenue, Steve Summers, an economist with the business lobby group, said removing deductibility of interest represents a “significant change to New Zealand’s tax landscape," that will add complexity and is “against accepted practice” across the countries NZ compares itself to.The government’s...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Wake Up Call: Covid testing for the Auckland border
Staff reporters | Fri, 17 Sep 2021

 Sites have been set up near border crossings for workers to pick up and drop off saliva tests.

Bar owner borrowed $30k to cover wage subsidy delays
Michael Andrew | Fri, 17 Sep 2021

Shaneel Sudhakar faced a 22-day delay in payment of the wage subsidy.

Bridgecorp’s death knell a timely warning
Paul McBeth | Fri, 17 Sep 2021

A new generation of investors would do well to wander through the corporate graveyard of yesteryear.

Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.