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FBT rate for low interest loans rises

Monday, 24 May 2004, 2:52 pm
Press Release: New Zealand Government

24 May 2004 Media Statement

The prescribed rate used to calculate fringe benefit tax on low-interest, employment-related loans will rise from 7.30 per cent to 7.50 per cent from 1 July, Revenue Minister Michael Cullen announced today.

The rate is reviewed regularly in line with the results of the Reserve Bank’s survey of first mortgage interest rates. It was last changed with effect from 1 April 2004.

The change was approved by Order in Council today.

ENDS

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Gordon Campbell: On the Sony cyber attack

Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.

Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>

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Parliament Adjourns:

Weekly Audio - Final Shots Traded as Parliament Rises - 2014 Adjournment Debate Highlights - PODCAST: The Week in Review

Greens: CAA Airport Door Report Conflicts With Brownlee’s Claims

The heavily redacted report into the incident shows conflicting versions of events as told by Gerry Brownlee and the Christchurch airport security staff. The report disputes Brownlee’s claim that he was allowed through, and states that he instead pushed his way through. More>>

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Labour - Gerry Brownlee’s revolving airport door story

Earlier:

Civil Aviation Authority - CAA fines Minister for security breach
NZ Govt - Gerry Brownlee: Statement on CAA findings

TAIC: Final Report On Grounding Of MV Rena

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Gordon Campbell:
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NZ Govt - NZ welcomes US, Cuba announcement
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Werewolf Satire:
The Politician’s Song

am a perfect picture of the modern politic-i-an:
I don’t precisely have a plan so much as an ambition;
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And when in doubt attack someone who already is a victim More>>

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Werewolf Issue 52

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The report of the Ministerial Forum on Alcohol Advertising and Sponsorship has been released today, with Ministers noting that further work will be required on the feasibility and impact of the proposals. More>>

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University of Canterbury - Canterbury Police disappointed at drink driving levels

Other Report:

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