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Govt raises GST threshold for online shopping
By Paul McBeth Oct. 18 (BusinessDesk) - Revenue Minister Stuart Nash will introduce legislation next month to impose a goods and services tax on small online retail purchases. The government signalled the plan to extend GST to online purchases from October next year, but t...

RESEND: Exploration ban 'selfish, rich world' approach, MPs told
(Fixes dates in 8th, 17th paragraphs) By Gavin Evans Oct. 18 (BusinessDesk) - The government’s proposed exploration ban is a “selfish and rich world” approach that ignores the country’s responsibility to help deliver low-carbon energy in the broader Pacific region, MPs hear...

Mexico's Finaccess dangles 24% premium to buy control of Restaurant Brands
By Paul McBeth Oct. 18 (BusinessDesk) - Mexico's Finaccess Capital has offered $881.5 million - a 24 percent premium - to buy three-quarters of Restaurant Brands New Zealand. The fast-food franchise operator put off paying an interim dividend when announcing today's first-h...