Foreign home buyer count figures 'not ideal', Upston says
By Pattrick Smellie May 10 (BusinessDesk) - A new official survey intended to show the extent of foreign investment in New Zealand property has produced data with "clear limitations" that are "not ideal", Land Information Minister Louise Upston says. Touted originally by th...
Govt may change tax rules for 'look through companies', says Key
By Pattrick Smellie May 9 (BusinessDesk) - Officials were already looking at reforms to the so-called 'look-through company' regime, implicated in New Zealand's connections to the Panama Papers before the massive dump of leaked tax records became public, Prime Minister John Ke...
Government to force Labour to vote for or against whole TPP package
By Pattrick Smellie May 9 (BusinessDesk) - The government will try to stop the Labour Party picking and choosing which parts of the Trans-Pacific Partnership it's willing to support, forcing it instead to vote for or against the whole package of law changes required by the con...
UPDATE: Airways clarifies fee plans, sees average 1.2% rise per airline, up to 30% hike in capital budget
(Updates with Airways clarification of budget increase, fees to airlines) By Pattrick Smellie May 6 (BusinessDesk) - Airways Corp, the government-owned entity in charge of traffic control, is seeking an increase in its capital expenditure of up to 30 percent as part of a ne...
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