FIRST CUT: Key announces major provisional tax reforms
By Pattrick Smellie April 13 (BusinessDesk) - Lumpy provisional tax payments will become a thing of the past for small and medium sized businesses under a business tax reform package announced by Prime Minister John Key in the first major speech ahead of the May 28 Budget....
Long-awaited grid cost-sharing paper due May 17
By Pattrick Smellie April 12 (BusinessDesk) - A long-awaited recommendation on how the cost of the national electricity grid should be shared in future is due on May 17. The Electricity Authority says it will release its transmission pricing methodology paper and run an eig...
Auckland Uni sells Tamaki campus to developer Tim Edney
By Pattrick Smellie April 11 (BusinessDesk) - The University of Auckland has taken a major step towards quitting its unsuccessful experiment to relocate much of its medical school and innovation activity to its Tamaki campus, selling the site to a company controlled by propert...
Independent expert likely to probe NZ's foreign trust rules: PM
By Pattrick Smellie April 11 (BusinessDesk) - Prime Minister John Key is signalling a change of heart on the government's insistence last week that New Zealand's foreign trust rules are sound, telling RNZ's Morning Report programme the Cabinet will consider a proposal for an i...
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