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

 

'Irregular Accounting': Voluntary Suspension Of Fuji Xerox Govt Contracting

This suspension gives the Ministry of Business, Innovation, and Employment time to understand the full implications of the report from FUJIFILM Holdings into irregular accounting practices at FXNZ. More>>

ALSO:

MPI: Cow Disease Detected In NZ For First Time

MPI is responding to the detection of the cattle disease Mycoplasma bovis in a dairy herd in South Canterbury... The disease is commonly found in cattle globally, including in Australia, but it’s the first detection of it in New Zealand. More>>

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding... More>>

ALSO:

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

ALSO: