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NZ govt operating 6-month surplus bigger than expected as fatter GST, income tax take beds in
By Paul McBeth Feb. 13 (BusinessDesk) - The New Zealand government's operating surplus was bigger than expected in the first six months of the 2018 financial year as low unemployment and upbeat consumer sentiment helped GST and income taxes continue to track ahead of forecast....
TruScreen censured after falling short of NZ resident director requirements
By Tina Morrison Feb. 13 (BusinessDesk) - TruScreen, the cervical cancer test developer which is listed on the NZX Alternative Market, has been publicly censured by the New Zealand Markets Disciplinary Tribunal for having just one New Zealand resident director for 18 business...
Tower says summer storms will cost about $5 million
By Sophie Boot Feb. 13 (BusinessDesk) - Auckland-based insurer Tower said recent storms will have a financial impact of about $5 million after tax. The company said it received about 300 claims as a result of the New Year storms, and estimates that will cost it between $1....
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