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Daily Market Report
for 22/02/2019
Investors fear chill effect as former IRD boss opposes CGT
21 Feb 2019 17:22 Scoop
Investors fear chilling effect as former IRD boss opposes capital gains proposals  more...
Extend capital gains tax while taxing lower incomes less
21 Feb 2019 14:25 Scoop
Feb. 21 (BusinessDesk) - The Tax Working Group’s final recommendations urge the government to make a broad extension to the capital gains tax regime while allowing low and middle income earners to earn more at lower tax rates and receive higher ...  more...
We smashed it New Zealand - thank you for caring
21 Feb 2019 13:20 Scoop
Kiwibank’s charity Facebook frame hit its target this morning. More than 50,000 people sport the I AM HOPE frame on their profile pictures and $50,000 is now on its way towards the Gumboot Up New Zealand fundraiser.  more...
F&P Healthcare and ResMed drop patent infringement disputes
21 Feb 2019 12:19 Scoop
Feb. 21 (BusinessDesk) - Fisher & Paykel Healthcare and ResMed have agreed to settle all outstanding patent infringement disputes with no payment or admission of liability by either side after racking up millions of dollars in legal fees in a fight that ...  more...
NZ Post achieves first-half revenue growth
21 Feb 2019 14:16 Scoop
Feb. 21 (BusinessDesk) - New Zealand Post has managed to lift revenue for the first time since 2015 as growth in sales from parcels delivery more than offset continuing falls in mail volumes.  more...
Electric Kiwi Supports Price Review Findings -Update
21 Feb 2019 14:57 Scoop
Electric Kiwi, the fastest-growing power company in New Zealand, has come out in support of the Electricity Price Review findings today – but with one proviso.  more...
REINZ questions whether CGT will improve long-term costs
21 Feb 2019 15:08 Scoop
REINZ questions whether CGT will improve housing affordability in the long term  more...
Govt to step up efforts - second Queensland fruit fly caught
21 Feb 2019 13:49 Scoop
Feb. 21 (BusinessDesk) - The government will step up efforts in Auckland to protect the country's $6 billion horticulture export industry after the discovery of a second male Queensland fruit fly on the North Shore.  more...
TeamTalk affirms annual earnings guidance on rising costs
21 Feb 2019 14:33 Scoop
Feb. 21 (BusinessDesk) - TeamTalk expects annual earnings to be largely in line with last year after reporting an 11 percent decline in first-half profit as investments in its telecommunications network drove up operating costs.  more...
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