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Relocated Christchurch workers face unwelcome new tax rules
By Pattrick Smellie Dec. 6 (BusinessDesk) - Workers who have relocated to Christchurch at their employers' expense risk having their accommodation costs treated as income under a new tax department ruling described by one major accounting firm as "a significant and unwelcome cha...
Postie Plus gains extension of banking facilities, avoids breach
Dec. 6 (BusinessDesk) - Postie Plus Group has again avoided a breach of its banking covenants and gained a 12-monthextension on its facilities. Bank of New Zealand completed its annual review of the banking facilities,” the Christchurch-based company said in a statement. Posti...
Oil and gas block offer results due next Tuesday
Dec. 6 (BusinessDesk) - Energy Minister Phil Heatley is set to announce the results of this year's block offer for oil and gas exploration permits on Tuesday next week, and government officials are confident more activity will follow in the coming years. General manager of New...
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