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NZ dollar falls as Bernanke shies off QE3, saps investor optimism
By Paul McBeth June 08 (BusinessDesk) - The New Zealand dollar ended a five-day rally as US Federal Reserve chair Ben Bernanke shied away from hinting at injecting more stimulus into the world's biggest economy, sapping investors' confidence for riskier, or higher-yielding, asse...
Warehouse granted approval to delist from ASX
By Hannah Lynch June 08 (BusinessDesk) - Warehouse Group, the biggest retailer on the NZX 50 Index, has been given approval to delist from the Australian stock exchange after high costs forced it to review its duel listing. The retailer has complied with the conditions set out...
NZ businesses could face GST on late fees under amended tax bill
By Hannah Lynch June 08 (BusinessDesk) - New Zealand businesses would face “effectively a new tax” as a result of the finance and expenditure committee’s tweaks to a tax bill that impose goods and services tax on late fees, account firm PwC says. The committee has recommended...
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