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Shewan report recommends greater disclosure, annual returns by foreign trusts
Mon, 27 Jun 2016 15:43
Tax expert John Shewan has recommended greater disclosure to Inland Revenue by foreign trusts and that they file an annual return, including financial statements, in his report into the rules governing foreign trusts.


Gold Coast-style intensification will solve Auckland housing crisis, says economist
Mon, 27 Jun 2016 13:23
An economist is bewildered Auckland's million-dollar Tamaki Dr waterfront strip does not have "line to line skyscrapers" like the Gold Coast.


Falling pound could give Kiwi online shoppers more clout
Mon, 27 Jun 2016 15:00
A surge in Kiwi shoppers hitting British websites may well occur as a result of Britain's shock decision to exit the European Union.


New home loans hit fresh high in May, but high LVR loans dropping
Mon, 27 Jun 2016 15:34
Mortgage lending continues to hit new highs, with investors' share of the borrowing creeping higher.


Kiwis are forking out thousands for sick pets to undergo "human" operations
Mon, 27 Jun 2016 14:55
When disaster strikes, many New Zealanders will do almost anything to help their pets - no matter the cost.


Womad stallholders stoush a health and safety issue
Mon, 27 Jun 2016 15:51
Paying out aggrieved stallholders rather than going to court was not an admission of guilt, Taranaki Arts Festival Trust chief executive Suzanne Porter says.


Farmers positive for first time in 15 months, led by dairy improvement
Mon, 27 Jun 2016 15:43
Confidence may be returning to the rural sector, with a survey showing optimistic farmers outnumber pessimists for the first time in 15 months.


Road toll breaks for electric vehicles 'interesting question'
Mon, 27 Jun 2016 15:17
Electric vehicles could be given breaks on new road tolls touted for Auckland, but the idea is not being currently considered.


Singapore Airlines plane in flames at Changi Airport after engine trouble
Mon, 27 Jun 2016 14:33
A Singapore Airlines plane erupted in flames shortly after making an emergency landing at Singapore's Changi Airport early on Monday morning, the airline has confirmed.


NZX listing puts price on NZME
Mon, 27 Jun 2016 14:11
NZME shares opened on the NZX on Monday at 85 cents, valuing the company at $167 million.


Staff made redundant from Port Taranaki
Mon, 27 Jun 2016 13:46
A record net profit has not been enough to save staff at Port Taranaki from being made redundant.  


Businesses urged to up their game online at SmartWeek starter
Mon, 27 Jun 2016 13:22
Businesses owners need to think about increasing their online presence to engage with customers and reach more people. 


Ram-raids force dairy owners to sleep on floor of east Auckland shop
Mon, 27 Jun 2016 13:21
A family is sleeping on the floor of their Auckland dairy out of fear that ram-raiders will return to their shop.


Logging companies take falcons under their wing
Mon, 27 Jun 2016 13:08
Pine forests have become the habitat of choice for the threatened New Zealand falcon in the central North Island, and forestry companies have had to adapt to work around them.


Te Omanga Hospice revamps retail operation, signs lease for Fitzherbert St warehouse
Mon, 27 Jun 2016 12:52
A Hutt Valley palliative care provider is closing the doors on its small Petone shop, and moving operations to a large warehouse.


Owners put Lower Hutt's Pretoria House on the market
Mon, 27 Jun 2016 12:48
A Lower Hutt office building - dubbed Pretoria House - is up for sale and is expected to fetch close to $2 million.


South Canterbury woman gives IRD scammer a serve
Mon, 27 Jun 2016 12:34
A South Canterbury woman's quick thinking has led to her making a voice recording of a man, claiming he was from the Inland Revenue Department (IRD), trying to scam her.


Panama Canal opens to mega ships
Mon, 27 Jun 2016 12:30
Fireworks exploded as a huge container ship made an inaugural passage through the newly expanded Panama Canal on Sunday, formally launching the Central American nation's multibillion-dollar bet on a bright economic future despite tough times for global shipping.<br> <br> The Chinese-owned Cosco Shipping Panama passed through the Atlantic locks at Agua Clara in the early morning and in the afternoon completed the 80-kilometre journey to the Pacific at the Cocoli locks near the capital, stewarded by tugboats and cheered by dignitaries and exuberant crowds of thousands.<br> <br> The US$5.25 billion (NZ$7.4 billion) project went online nearly two years late after construction delays, labor strife and apparent cost overruns, but officials were still bullish and in a celebratory mood as they declared the expanded canal open for business.


Silver Fern Farms dampens down speculation that investor has walked away
Mon, 27 Jun 2016 12:06
Silver Fern Farms has rejected a report from Australian media that Shanghai Maling Aquarius is believed to have walked away from a deal to buy the meat co-operative.


NZX falls 1 per cent after Brexit result, no panic but could weaken further
Mon, 27 Jun 2016 11:37
New Zealand financial markets are doing better than many after markets around the world were sideswiped by the Brexit vote on Friday.


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