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NZ Treasury showing ‘ideological right wing’ mindset by calling tax a burden, Greens say
By Tina Morrison Sept 18 (BusinessDesk) – New Zealand’s Treasury department, the government’s lead economic policy advisor, was accused of expressing ideological right wing views in a parliamentary select committee for calling tax a “burden”. Green Party co-leader Russel Norman...
Restaurant Brands’ 2Q sales rise 6.2 percent , led by Carl’s Jr outlets
Sept. 18 (BusinessDesk) – Restaurant Brands New Zealand, the listed fast-food chain operator, reported a 6.2 percent lift in second-quarter sales, mainly driven by the contribution from its Carl’s Jr outlets while revenue from Starbucks Coffee fell. Sales rose by $6 million to...
NZ current account deficit widens in 2Q on drought effects
By Pattrick Smellie Sept. 18 (BusinessDesk) – New Zealand’s current account deficit came in at a seasonally adjusted $2.2 billion for the three months to June 30, reflecting the impact on agricultural exports of the late summer drought. The actual deficit was a quarterly $1.25...
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