Tax Working Group's capital gains proposal keenly awaited

Sun, 17 Feb 2019

By Jenny Ruth Feb. 18 (BusinessDesk) - New Zealand is probably going to get a capital gains tax and the likely outline of how that could play out will probably be the economic highlight this week. But competing for public attention will be the gearing up of the company reporting season with a swag of major companies including Port of Tauranga, A2 Milk, Fletcher Building and Meridian Energy all announcing their first-half results. And the latest Global Dairy Trade auction result due early Wednesday will be keenly scrutinised to see whet...

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Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 10:50am

Law & Regulation