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NZ dollar bounces off four-year low; seen weaker
By Jenny Ruth Sept. 23 (BusinessDesk) - The New Zealand dollar rose but remained near a four-year low as optimism for a trade deal between the United States and China fades. The kiwi was trading at 62.74 US cents at 5:05pm in Wellington from 62.58 at 7:45am. The trade-weigh...
Vector urges regulatory change in low-interest-rate environment
By Victoria Young Sept. 23 (BusinessDesk) - Directors at lines company Vector are pleading for regulatory changes, claiming the low-interest-rate environment is presenting new challenges. Vector won’t give forecasts for next year or issue a dividend until the Commerce Commi...
Govt moves against surprise Supreme Court 'black hole' tax ruling
By Pattrick Smellie Sept. 23 (BusinessDesk) - The government confirmed today it will legislate to return the tax deductible status of feasibility study spending after a surprise Supreme Court ruling three years ago up-ended the Inland Revenue Department's advice on the issue....
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