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Sharply improved productivity figures suggest economic tipping point, says Bagrie
By Pattrick Smellie March 18 (BusinessDesk) – A sharp improvement in New Zealand’s traditionally feeble economic productivity statistics suggests the economy is at a “tipping point” for a sustained period of stronger economic growth, says the ANZ Bank’s chief economist, Cameron...
NZ dollar holds gains as RBA minutes affirm optimism about Australia
By Paul McBeth March 18 (BusinessDesk) - The New Zealand dollar held gains in local trading after board minutes from the last Reserve Bank of Australia meeting were sufficiently upbeat to affirm investors’ views on the growing strength of Australia’s economy. Global nerves ove...
Expats can breathe easier as tax dept issues new advice on residency
March 18 (BusinessDesk) – New Zealanders living and working overseas can breathe a little easier now tax authorities have agreed that renting out a house they own in New Zealand doesn’t automatically make them a New Zealand taxpayer. The Inland Revenue Department has issued an i...
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