Law & Regulation
Explore the latest legal news by BusinessDesk, covering legal rulings, important court cases, and more.
Finance
KPMG identifies sequencing issue in proposed bank deposit guarantee scheme
By Pattrick Smellie July 11 (BusinessDesk) - Financially distressed banks may need to go through the controversial Open Banking Resolution process and fail before the government's proposed deposit guarantee would come into play, KPMG says. "Under the Open Banking Resolution...
Finance
Fiduciary duties highlighted as responsible investment increases
By Victoria Young July 10 (BusinessDesk) - Fund managers say the growing market for responsible investment may bring potential conflicts with their fiduciary duty toward clients. The responsible investment market in New Zealand rose by 2.5 percent to $188 billion last year...
Infrastructure
UPDATE: Mercury faces $2 mln charge after losing tax dispute
(Updates to show Mercury's extra tax charge in 1st, 4th & 5th paragraphs; corrects headline; updates share price in last paragraph.) By Victoria Young July 8 (BusinessDesk) - Inland Revenue has won a tax case against Mercury NZ over the tax classification of two of its turb...
Property
Foreign buyers to pay $3 mln over unlawful rural land purchases
By Paul McBeth July 5 (BusinessDesk) - Foreign buyers will end up in the red after agreeing to pay almost $3 million in penalties for purchasing rural land north of Auckland without Overseas Investment Office consent. The High Court yesterday ordered Chinese businessmen Zh...
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Victoria Young
Editor
With a professional career spanning New Zealand, Singapore, and London, Victoria Young has been with BusinessDesk since 2019, initially as a senior reporter before taking on the role of investigations editor in 2022, then editor in 2024.
She has been instrumental in growing BusinessDesk as this country’s premium business news brand.
She was the 2023 recipient of a Brian Gaynor initiative grant.
Victoria holds law and arts degrees from Victoria University of Wellington.
You can follow her on Twitter @victoriayoung03 or connect with her on LinkedIn here.
She has been instrumental in growing BusinessDesk as this country’s premium business news brand.
She was the 2023 recipient of a Brian Gaynor initiative grant.
Victoria holds law and arts degrees from Victoria University of Wellington.
You can follow her on Twitter @victoriayoung03 or connect with her on LinkedIn here.
Followers will be emailed
articles by Victoria