Suncorp says proposed takeover of Tower won't change NZ competitive dynamic
By Rebecca Howard March 3 (BusinessDesk) - ASX-listed insurer Suncorp Group said its proposed takeover of NZX-listed general insurer Tower would be "unlikely to materially change the competitive dynamic" in New Zealand. Last month Suncorp, whose New Zealand brands include...
NZ looks to crack down on multinationals flouting local tax system
By Rebecca Howard March 3 (BusinessDesk) - The government is taking steps to crack down on multinationals that manipulate New Zealand's tax system to their benefit. "Multinationals provide many benefits for the New Zealand economy, and the government is committed to making...
NZ dollar falls vs Aussie on strong Australian GDP; Trump buoys greenback
By Rebecca Howard March 1 (BusinessDesk) - The New Zealand dollar fell against the Australian dollar after strong economic growth figures across the Tasman and lost ground against the greenback as the market seemed to shrug off a lack of detail in US President Donald Trump's s...
Apple NZ reports lower FY profit, defers taxes
By Rebecca Howard March 1 (BusinessDesk) - Apple Sales New Zealand, the local unit of the iPhone and iPad maker, reported a lower annual profit on a higher cost of sales, despite spending less buying inventory from related companies. Profit was $6.5 million for the year en...
Prev
