Politics
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...
Finance
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...
Policy
Hydro exemption from water standards risks two-tier regime - Trustpower
By Gavin Evans Sept. 9 (BusinessDesk) - Exempting the country’s major hydro catchments from new controls on fresh water quality appears arbitrary and runs the risk of putting disproportionate scrutiny on smaller schemes, Trustpower chief executive Vince Hawksworth says. The...
Policy
Night train solution for Auckland rail freight bottleneck
By Pattrick Smellie Sept. 9 (BusinessDesk) - KiwiRail could run "platoons" of freight trains from West Auckland to the south of the city between 9pm and 3am to stave off the estimated $1.5 billion cost of unblocking current under-capacity through the Auckland isthmus, chief ex...
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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