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

 


Dialogue on trans-Tasman issues welcome

Dialogue on trans-Tasman issues welcome

This week provides a good opportunity to advance the New Zealand-Australia relationship, says BusinessNZ.

The business delegation visit and meeting of both Prime Ministers in Sydney is one of many occasions for the ongoing work of drawing our two economies closer, says BusinessNZ Chief Executive Phil O’Reilly.

“New Zealand and Australian businesses agree on many things and would like to advance our shared interests further by doing more business together in third markets, achieving good outcomes for both countries from TPP, and getting more investment in each other’s enterprises.

“The business communities of both countries are working together towards improvements in a number of areas.

“Double taxation of dividends is a key example – companies based in Australia or New Zealand with operations in the other country have their profits taxed twice since neither country recognises the other’s system for offsetting tax credits. Businesses on both sides of the Tasman are seeking to have this rectified.

“And business and consumers will want to see New Zealand products back on the shelves of Australian supermarkets as Australian consumers are losing out from being denied access to competitive New Zealand products.

“Such issues can only be advanced through dialogue. There is significant trans-Tasman interaction occurring at all levels, and the Prime Ministers’ meeting this week is a timely example of that dialogue occurring at the highest level.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news