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Reining in the paper losses caused by the loophole is expected to make the Govt $1.3 billion a year

Key to close property tax loopholes video  

The Prime Minister plans to close the property tax loophole in which he estimates half of residential property investors are being subsidised by the taxpayer.... +more

3News - The lounge costs $10 if booked beforehand, or $15 on the day

Jetstar's airport lounge comes with a few catches video  

Jetstar has launched a new pay-as-you-go airport lounge in Auckland....
3News - Business confidence remains positive

Business confidence eases   

A new survey shows business confidence easing in the past month, but remai...
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Global recovery to boost NZ agriculture - Rabobank   

Rabobank's general manager said the recovery remains fragile......
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Residential building rebound to continue   

A rebound in home building consents is expected to continue in coming year...

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It's time to end bank wholesale guarantee - analyst   

A banking analyst does not see any problem in New Zealand matching Australia by ending a government guarantee on wholesale funds....
3News - Berl chief economist Dr Ganesh Nana

Economist talks tax changes video  

Yesterday the prime minister announced the prospect of significant personal tax cuts countered by a rise in GST to 15 per cent....
3News - Bernard Hickey says most buildings appreciate, not depreciate

Key targets property tax loopholes video  

Economist Bernard Hickey says property investors' complaints about today's tax changes 'don't wash'....
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Govt willing to change the law for Fonterra   

The Government says it is prepared to change the law to support Fonterra's continuing efforts to change its capital structure. ...
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Kiwis taking retirement seriously   

New Zealanders are flooding into KiwiSaver and once again saving for their retirement, despite the recession and softened KiwiSaver rules, according to a survey rele...
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A good year for Briscoe Group   

Retailer Briscoe Group today reported its fourth quarter sales were up $147.1 million, 14.32 percent higher than the $128.7m reported for the fourth quarter of last ...


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Are John Key’s tax changes fair?

So GST is going up a property loop hole will be closed and the top tax rate will be cut. Has John Ke...