Joyce: cash on delivery, Two decades, 11 bust businesses, Nosh and Gosh’s dung deal
A sneak peak at today's NBR Print Edition.
In NBR Print today: “Delivery” is the theme of Finance Minister Steven Joyce’s first budget. The big one was the well flagged tax reductions, amounting to more than $6 billion by 2020. Some of that will feed into economic growth, but those GDP forecasts are already moving upwards and the budget documents show a payoff from recent investment, both private and public sector, in a future upturn in productivity. And finally, ministers hope the budget will deliver National a fourth term when New Zealanders come to vote at the end of September. Rob Hosking leads our Budget 2017 coverage.
A recent survey suggests at least 40% of New Zealand organisations are being defrauded by dishonest staff, Nick Grant reports. The fraudsters tend to be male, aged between 36 and 55, been at the company for more than six years and hold a management or executive position.
Veritas Investments appears to be an adherent of the advice of adventurer Bear Grylls, writes Tim Hunter. Desperate times warrant desperate measures, the television star has taught us – and if survival demands drinking the juices from camel dung, so be it. The NZX-listed company did what it had to do when offloading lame upmarket grocery subsidiary Nosh Group – but the bad taste the deal left is likely to linger.
The receivership and liquidation of Home Fibre Solutions is bad news for its creditors and employees. But for sole director John Gabriel Habib it appears to be business as usual. He has, after all, averaged one liquidation every two years since 1997. Campbell Gibson has the story.
As many have noted, global democratic politics has been swept up in a turbulent swell of emotionalism over the past couple years. It's all about the feels, writes Rob Hosking in Order Paper. And it comes with the insidious assumption that, if you get the language right, then you’ve got the job pretty much done. Take the government’s social investment model, for example.
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All this and more in today’s NBR Print Edition. Out now.
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Joyce: cash on delivery, Two decades, 11 bust businesses, Nosh and Gosh’s dung deal
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