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French bank latest to fall to IRD tax avoidance net
By Paul McBeth and Pattrick Smellie Aug. 7 (BusinessDesk) - The New Zealand arm of the French bank, BNP Paribas, is the latest international bank to fall foul of the New Zealand tax department's campaign against the use of cross-border convertible notes, quietly agreeing to pa...
Govt picks Plenary, Ngai Tahu, Carter consortium for Chch convention centre
By Paul McBeth Aug. 7 (BusinessDesk) - The government has chosen a consortium made up of Plenary Group, Ngai Tahu Property and Carter Group to build a convention centre able to seat up to 2,000 people in Christchurch. Prime Minister John Key and Earthquake Recovery Minister...
Labour to scrap consensus freshwater accord
By Pattrick Smellie Aug. 7 (BusinessDesk) - A Labour-led government would scrap new freshwater management policies that emerged from a five year consensus-building exercise, saying the government has produced a "woefully inadequate" National Policy Statement on Freshwater Mana...