Policy

Explore the latest government news by BusinessDesk. 
Construction industry still awaiting benefits of govt accord
Policy

Construction industry still awaiting benefits of govt accord

By Jenny Ruth Sept. 12 (BusinessDesk) - Government departments are still trying to foist onerous contracts on building companies, notwithstanding the Construction Industry Accord signed in April, Southbase chief executive Quin Henderson told an industry forum in Wellington....

Jenny Ruth 12 Sep 2019
China 'hopes' NZ will let Huawei into 5G, despite US 'bullying'
Policy

China 'hopes' NZ will let Huawei into 5G, despite US 'bullying'

By Pattrick Smellie Sept. 12 (BusinessDesk) - China's ambassador to New Zealand, Wu Xi, says her government hopes New Zealand will let Chinese telecommunications company Huawei provide equipment for the country's 5G network despite "trade bullying" from the United States. I...

Pattrick Smellie 11 Sep 2019
Regulators and NZSA welcome capital markets recommendations
Policy

Regulators and NZSA welcome capital markets recommendations

By Jenny Ruth Sept. 10 (BusinessDesk) - The report from the capital markets review committee has a comprehensive set of recommendations covering broad aspects of markets from regulatory settings through to market structure and technology, says NZX chief executive Mark Peterson...

Jenny Ruth 09 Sep 2019
Change tax regime for KiwiSaver, share trading - capital markets review
Policy

Change tax regime for KiwiSaver, share trading - capital markets review

By Jenny Ruth Sept. 9 (BusinessDesk) - KiwiSaver contributions should not be taxed up front but only when the saver withdraws funds, all direct share investments should be taxed as if they were portfolio investment entities and trading in shares should be tax exempt. These...

Jenny Ruth 09 Sep 2019