Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Let’s Get On With It

“The decision by the Australian and New Zealand Governments’ to examine the tax treatment of trans-Tasman investments is long overdue,” said Simon Carlaw, Chief Executive of the New Zealand Manufacturers Federation.

“What we need now, however, is a firm timeline for progressing the issue and some direct input from the business sectors of both countries that would keep our respective officials on the pace.

“We have already been down this track before during the nineties without anything concrete to show for it at the end of the process. This is an important issue for New Zealand exporters that contributes directly to decisions to relocate off-shore. We are committed to ensuring a sensible commercial outcome is achieved this time round. It is too easy for domestic tax issues to continually take priority.

“The Australian and New Zealand Governments may be assured that business on both sides of the Tasman will be taking a keen interest in developments, with the expectation that the promised business consultation will be more than simply going through the motions.”

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Policy Statement: 'Wellbeing Of NZers At The Heart Of Budget Priorities'

“We want a wellbeing focus to drive the decisions we make about Government policies and Budget initiatives. This means looking beyond traditional measures - such as GDP - to a wider set of indicators of success,” Grant Robertson said. More>>

ALSO:

Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). More>>

Environment Commissioner: Transparent Overseer Needed To Regulate Water Quality

Overseer was originally developed as a farm management tool to calculate nutrient loss but is increasingly being used by councils in regulation... “Confidence in Overseer can only be improved by opening up its workings to greater scrutiny.” More>>

ALSO:

Deal Now Reached: Air NZ Workers Vote To Strike

Last week union members voted overwhelmingly in favour of industrial action in response to the company’s low offer and requests for cuts to sick leave and overtime. More>>

ALSO: