GST price hike warning for Fairfax
Fairfax Media has been issued a formal warning by the Commerce Commission after it claimed the GST rate hike was behind its Dominion Post cover price increase.
Fairfax Media has been issued a formal warning by the Commerce Commission after it claimed the GST rate hike was behind its Dominion Post cover price increase.
Prices on some household items have risen more than double the cost of yesterday's GST increase - despite many retailers choosing to take a hit.
All you need to know about tomorrow's GST hike
Retailers are walking a tightrope between driving away customers and bearing heavier GST costs from tomorrow.
The country's two supermarket giants have taken different approaches to dealing with the rise in GST, which comes into effect tomorrow.
The average family will be about $18 a week better off from Friday - but the experts advise not to go and spend it.
Auckland property developer David Henderson is seeking approval for a plan to pay his creditors in a bid to avert bankruptcy.
Unsuspecting investors face paying thousands of dollars more on deals settled on or after October 1, as developers share the tax hike burden.