Skellerup led the bourse higher with exporters benefitting from a weaker currency.
Labour is on something of a jihad against farmers and the productive sector generally – and the capital gains tax shows that.
The Reserve Bank forecast now looks unlikely.
Balex is the first equity crowdfunded company to fail since the capital raising method became legal in NZ mid-2014. Shoeshine is certain it won't be the last.
"I'm investing in a New Zealand company with good management which has a history of delivering growth."
National Party principles should mean any tax reform should focus on savings in next week's budget.
Tax changes nearly 30 years ago reduced distortion between savings vehicles – but widened distortion between housing and other forms of investment
The rise of unlisted investments comes with some risks.
Capital for early stage ventures is not as readily available compared to other western economies, a research study has found.