The foreign trust business is “a nice little earner” for New Zealand, producing fee income of $25-50 million a year. With special feature audio.
Shame of Panama Papers may force government action
Featured Comment:
"Panama does not enjoy a savoury reputation in New Zealand. Echoes of Noriega, cocaine deals ... Why the foreign settled trust exemption and advantages have lasted so long is beyond me. Change is needed and soon"
Twice-bankrupted property developer 'needlessly delaying' liquidations
Paul Alexander was last year found to be "a party to a forgery" on the High Court.
Beggaring belief – Auckland mayoral candidates on Sir Bob’s ban brainwave
Goff fails to front; all but one of remainder against the idea.
Key faces sustained questioning on NZ presence in 'Panama Papers'
Story breaks just days after PM describes vision for New Zealand as "Switzerland of the South Pacific".
NZX to announce milk futures market
“Fonterra has gotten rid of the guaranteed milk price, so you can put two and two together,” a source says.
Cutting Chorus out of the loop: Spark expands fixed wireless service
Mobile network used to deliver broadband to your home – and NBR tested it.
TPP ratification in US heading for 'lame duck' session in late 2016: Key
PM admits trade deal hangs in the balance, but says he is optimistic.
Overseas Investment Office spells out stance on 'overseas persons'
The OIO will provide greater clarity on its rules and hold off prosecutions in the meantime. With special feature audio.
Begging the question – Wellington mayoral candidates on Sir Bob’s ban brainwave
If Sir Bob Jones is right, one candidate already has a lock on the capital's mayoralty.
Rakon's 'internet of things' investment to be earnings positive by 2018
UPDATED: Rakon is also hoping the new low-powered wide area network technology will boost the company’s moribund share price.
What Wellington and Auckland mayoral candidates could learn from Donald Trump
One thing Donald Trump has done rather well is to raise issues people feel really strongly about but only discuss in private in this politically correct era. With special feature audio.
Featured comment:
"Will vote for who ever brings this up again and attempt to address it"
Twiss takes temporary charge of NZVIF
Featured Comment:
"The fact they have taken over 6 months and they still need the ex-CEO to hang around reflects poorly on the organisation"
Green Party Kiwibank ploy – good politics, bad economics
Featured comment:
Kiwibank is currently operating in the free market and Mr Shaw should understand that it is because of this they have been able to pay such a high dividend.
Little wants to 'stiff-arm' banks
Featured Comment:
"Proof-positive that Little loves being the leader of the opposition"
Editor's pick
NBR BUSINESS PULSE
Business
NZ dollar holds near 69USc as US jobs data fails to budge rate views
The kiwi was at 68.88USc at 8am in Wellington.
Property
OIO rejects poor quality applications, beefs up team to speed up process
So far this financial year the office has sent back a quarter of applications to potential investors saying they didn't meet the required standard.
Banking & Finance
Self-regulation in insolvency sector is a positive step
Fresh changes to the insolvency process are a long time in coming.
Technology
Tomizone restructures debt but is yet to complete crucial capital raise
Tomizone said its existing term debt of A$1.7 million is held by finance company FE Investments.
Politics
OIO rejects poor quality applications, beefs up team to speed up process
So far this financial year the office has sent back a quarter of applications to potential investors saying they didn't meet the required standard.
Law & Courts
Media
Ex-TelstraSaturn boss joins MediaWorks board
Jack Matthews arrives with a swag of media experience and a colourfully combative reputation.
Appointments
New appointment release: Mortgage Express
Mortgage Express welcomes Jenny Cheevers to its team of mortgage advisers.
NBR Rich List
People Scene
Appointments
NBR Special Report
NZ Property Investor
Food Industry Weekly
