Business
Law & Regulation
Govt to move against trading in tax losses
Tax changes to assist businesses hit by covid-19 will be made mischief-proof to prevent anyone taking over a loss-making company just to get access to its tax losses, Revenue Minister Stuart Nash told Parliament's epidemic response committee.Nash said the government was aware...
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Primary Sector
Foresters seek head-start to prepare for harvest
Forest owners and contractors are hoping to start preparing machinery and logging sites ahead of the resumption of harvesting next week. Phil Taylor, president of the New Zealand Forest Owners’ Association, said a lot of good work had been completed in recent weeks developing...
Law & Regulation
Metro Glass caught out on payroll 'errors'
Metro Performance Glass has been caught out by the employment regulator for contracts that did not correctly treat Holidays Act entitlements. The company has been arguing with the Labour Inspectorate following the regulator’s 2017 audit of Metropolitian Glass & Glazing, a sub...
Infrastructure
HVDC outages impact Meridian
Meridian Energy's March operating earnings were down about 24 percent from a year earlier as upgrade work on the Cook Strait cable restricted electricity transmission to the North Island and covid-19 cut commercial and industrial demand at the end of last month.Forsyth Barr e...
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