Labour's water tax wrong to target irrigators, says lobby group
By Pattrick Smellie Aug. 16 (BusinessDesk) - The Labour Party's proposal to tax water used for irrigation will fail because lakes and rivers most in need of freshwater clean-ups have low levels of irrigation, says Irrigation New Zealand. The lobby group's chair, Nicky Hyslo...
Big corporates seek lower tax rate, 'NZ first' approach to tax rulings
By Pattrick Smellie Aug. 15 (BusinessDesk) - Some of New Zealand's largest companies are calling on any future government to lower the corporate tax rate, which is becoming high compared to other countries, and a "New Zealand first" approach to cross-border finance arrangement...
Labour's water charging policy 'reckless', says English
By Pattrick Smellie Aug. 15 (BusinessDesk) - The Labour Party has "bumbled into" its policy to charge for water in a "reckless" way that would put a Labour-led government on a collision course with both Maori and other water users, Prime Minister Bill English said at his weekl...
Contact Energy looks to tighten electricity market after 'crappy quarter'
by Pattrick Smellie Aug. 14 (BusinessDesk) - Contact Energy is looking to tighten electricity supply, saying it will seek better prices for roughly half a terawatt hour of its total annual generation either from commercial and industrial customers, wholesale spot market sales,...