Recent Posts

Capital gains from property targeted in government’s plan to fast-track consents

The government is aiming to cool housing inflation, seen as a threat to New Zealand’s financial stability, while speeding up consents as part of a plan to encourage construction of 39,000 new homes in Auckland. Housing Minister Nick Smith’s special housing area proposal, where central government would buddy up with local authorities to unlock land supply, will remove certainty for …

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NZ stops issuing beef, lamb export certificates to China at request of Beijing

New Zealand has stopped issuing export certificates for beef and lamb bound for China pending resolution of a paperwork glitch that has left frozen product sitting on Chinese wharves. Ministry for Primary Industries deputy director-general Andrew Coleman told reporters at Parliament that he couldn’t say how much meat was caught by the hold up, which has been blamed on a …

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NZ Dollar Outlook, Kiwi may decline this week as investors favour US assets

The New Zealand dollar may decline this week as expectations of a US economic recovery lure investors to the world’s largest economy and the greenback. The kiwi dollar recently traded at 80.83 US cents from 80.68 cents late Friday in New York, after touching an 8 ½-month low of 80.58 cents. The dollar may trade in a range of 79.20 …

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