Economists predict end to property tax perks
Some tightening of tax rules surrounding property is inevitable, ANZ economists say.
Some tightening of tax rules surrounding property is inevitable, ANZ economists say.
Independent financial planners get a chance to promote their services for the benefit of readers.
Investment returns from the Cullen Fund and ACC have rescued the Crown's bottom line in the first three months of the fiscal year.
Recoveries in the investment performance of the ACC and New Zealand Superannuation Fund portfolios have helped offset a dramatic fall in the tax take over the past three months, says Treasury.
Jetstar warns it could have to push up fares if it is hit with New Zealand safety levies it says it already pays in Australia.
Fuel taxes are rising tomorrow, putting the brakes on a good run for motorists who have enjoyed petrol price cuts of 8c a litre since last week.
Profits at New Zealand's largest energy distributor, Vector, have risen 16.3 per cent, but the recession means growth in new connections has slowed and volumes are down.