Govt to ban foreign political donations
Only New Zealand citizens will be allowed to make donations to political parties under policy changes to ban foreign donations higher than $50. New law to implement the change will be rushed through Parliament this afternoon under urgency.Justice Minister Andrew Little announced...
Judge refuses to halt liquidation process for Eric Watson's Cullen Group
The High Court has rejected expatriate businessman Eric Watson's attempt to delay payment of more than $500,000 in overdue court costs in a decision that rubbishes the tactics used.In the latest twist in the one-time corporate high-flier's long-running tax avoidance case, lawyers...
Sky considers hiving off live sports broadcasting
Sky Network Television's in-house expertise as a live sports broadcaster may become a thing of the past.The company confirmed to the NZX this morning that it is reconsidering whether it ties up its capital in outside broadcasting capability, given the commercial challenges the bu...
Xero invoicing trends show small business bounceback
New Zealand small business owners are sending out more invoices again after a mid-year dip, according to analysis of the 367,000 local businesses using Xero accounting software.The Kiwi-based firm with global ambitions to be the system of choice for managing small and medium-size...
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