Sunday , December 16 2018
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Business Desk

NZ Refining ekes out extra margin from recent upgrades

By Paul McBeth Oct. 22 (BusinessDesk) – New Zealand Refining, operator of the country’s only oil refinery, added an extra US cent to its margins from recent upgrades, and anticipates further gains from a bigger project to be completed next month. The Whangarei-based company has lifted margins 13 US cents …

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Crown Fibre’s mandate will extend to rural broadband, mobile black spots

By Paul McBeth Oct. 22 (BusinessDesk) – Crown Fibre Holdings, the government entity tasked with overseeing the taxpayer-sponsored fibre network build, will have its mandate extended to cover rural connectivity, which Communications Minister Amy Adams wants delivered at faster speeds over the next decade. The agency will continue to be …

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Australia’s response to financial system inquiry, making banks hold more capital, could drive up NZ interest rates

By Jonathan Underhill Oct. 22 (BusinessDesk) – The Australian government’s response to the financial system inquiry could drive up interest rates at New Zealand’s biggest lenders as their Australian parent banks seek higher returns because of the requirement that they hold more capital. The Australian Federal Government has largely accepted …

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GST laggards, wealthy migrants in tax department’s sights

By Pattrick Smellie Oct. 23 (BusinessDesk) – The tax department is using big data analysis to “reliably predict customers who are highly unlikely to file GST returns on time” and try to help, while its investigators will be singling out “high-income individuals, in particular high-income new immigrants” for special attention …

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NZ INC. best of the web: Trans-Pacific Partnership

NZ INC. brings you the best Trans-Pacific Partnership coverage from around the web. Friday, October 2 John Key spoke at a breakfast hosted by the Asia Society this week, where he talked about China’s attitude towards the TPP and New Zealand’s place in it. See the video here.  ” …

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