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NZ tax department defends power to snoop in bedrooms
By Paul McBeth July 23 (BusinessDesk) - The Inland Revenue Department defended its right to use wide-ranging search powers that included snooping in a bedroom in its dispute with Auckland businessmen Andrew Tauber and Paul Webb. Counsel for the tax department, Pauline Courtney...
UPDATED: OMV NZ pays record dividend to Austrian parent
(Adds comment from managing director Peter Zeilinger starting in fourth paragraph) By Jonathan Underhill July 23 (BusinessDesk) - OMV, New Zealand’s largest producer of liquid hydrocarbons and third-biggest gas producer, posted a record profit in 2011 as it benefited from incre...
Auckland Airport flags 11% increase in international arrivals
By Hannah Lynch July 23 (BusinessDesk) - Auckland International Airport, which is targeting Asian arrivals to stoke growth over the next decade, flagged an 11 percent increase in international arrivals in the month of June over the same month last year. The increase was so larg...