Business Scoop


Civil Contractors welcome NZ Infrastructure Commission

Press Release – Civil Contractors NZ

Civil Contractors New Zealand welcomes a Government proposal to create Te Waihanga The New Zealand Infrastructure Commission as the new Autonomous Crown Entity to deliver long term strategy and coordination of infrastructure planning. Read more »

Investors fear chill effect as former IRD boss opposes CGT

Article – BusinessDesk

Investors fear chilling effect as former IRD boss opposes capital gains proposals Read more »

Govt to step up efforts – second Queensland fruit fly caught

Press Release – BusinessDesk

Feb. 21 (BusinessDesk) – The government will step up efforts in Auckland to protect the country’s $6 billion horticulture export industry after the discovery of a second male Queensland fruit fly on the North Shore. Read more »

Proposed rate of CGT one of the most penal in world

Press Release – The New Zealand Initiative

Tax Working Groups proposed rate of capital gains tax one of the most penal in the world Read more »

Massive tax grab will hammer NZ economy

Press Release – New Zealand National Party

New Zealand might have been expecting a capital gains tax to be announced today but the full suite of taxes proposed by the Tax Working Group would threaten the very viability of large swathes of the NZ economy, Nationals Finance Spokesperson Amy … Read more »

Bankruptcy numbers at lowest level since 2000

Press Release – Ministry of Business Innovation and Employment

Latest Insolvency and Trustee Services (ITS) statistics show that bankruptcy numbers hit an 18 year low in 2018, due to the introduction of alternate insolvency options. The No Asset Procedure and Summary Instalment Orders were introduced into the New … Read more »

Infrastructure Commission welcomed

Press Release – BusinessNZ

BusinessNZ says the establishment of the new Infrastructure Commission will help overcome current infrastructure problems in New Zealand. Read more »

Infrastructure NZ endorses new Infrastructure Commission

Press Release – Infrastructure NZ

The announcement that the Government will establish the New Zealand Infrastructure Commission Te Waihanga to perform strategy and procurement functions and vest it with sufficient independence to have mana and influence is very strongly … Read more »

ASB Quarterly Economic Forecast February 2019

Press Release – ASB Bank

New Zealand growth outlook is reasonable supported by strong fundamentals. Risks loom large amidst signs of a global economic slowdown. Read more »

Exploration ban may cut GDP by $38 billion – NZIER

Article – BusinessDesk

Feb. 19 (BusinessDesk) – The governments ban on new offshore exploration will reduce the countrys GDP by between $15 billion and $38 billion, raise prices and reduce investment during the next 30 years, the New Zealand Institute of Economic … Read more »

Oil and gas ban needs ‘recalibration’

Press Release – ACT New Zealand

Oil and gas ban needs recalibration A new report shows just how much damage the Governments nave oil and gas ban will do to the economy and to New Zealanders back pockets, says ACT Leader David Seymour. Read more »

Assessment of ban – we’ll be poorer not cleaner

Press Release – New Zealand National Party

New Zealanders will end up poorer as a result of the Governments ban on new oil and gas exploration, but theyll have nothing to show for it in terms of slowing climate change, Nationals Energy & Resources spokesperson Jonathan Young says. Read more »

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