Trusts that earn less than $10,000 likely to be exempt from tax hike
The Government is welcoming the committee's proposal to avoid over-taxation of trusts. Source: NZ Herald Business News
What does the Reserve Bank’s official cash rate review mean for my mortgage?
ANALYSIS: Mortgage rate cuts seem more likely than hikes. Source: NZ Herald Business News
Revealed: Nicola Willis may exempt some trusts from planned tax hike
The Finance Minister won't give details but is confident the changes are affordable. Source: NZ Herald Business News
Dividend payments expected to spike ahead of trustee tax rate rising
IRD says accelerating dividend payments is unlikely to be considered tax avoidance. Source: NZ Herald Business News
Kiwibank CEO Steve Jurkovich calls for end to interest rate hikes, as bank posts record profit
Indebted businesses struggling more than those with mortgages. Source: NZ Herald Business News
Transport projects could cost twice as much as National estimated, leaving potential fiscal hole of $24b – NZTA
NZTA estimates National's transport plan includes a hole worth up to $24 billion. Source: NZ Herald Business News
IAG’s profit rises to above pre-cyclone levels as average home premiums jump 30 per cent
Chief executive Amanda Whiting says insurer needs to prepare for the future. Source: NZ Herald Business News
ASB chief executive Vittoria Shortt warns interest rate watchers to ‘be prepared for any eventuality’
Vittoria Short's comment comes as most borrowers bet on rates falling by mid-next year. Source: NZ Herald Business News
Reserve Bank warns its maximum-security cash vault urgently needs refurbishing
The project is deemed high-risk and of national significance. Source: NZ Herald Business News
Economists: RBNZ will be heartened as survey shows inflation expectations continue to fall
Business leaders remain downbeat on economic growth prospects. Source: NZ Herald Business News