Property developers’ days are numbered, The Great Tax Rush, Mr Warminger goes to court
What's in NBR Print today.
In NBR Print today: The Auckland property market is in the middle of a liquidity crisis, according to Clint Webber. The funder and Inno Capital director says the repatriation of billions of dollars by banks to their Australian parents means there’s a “hell of a lot” less cash in New Zealand – particularly for property. Sally Lindsay reports.
After four weeks of painstaking evidence, the Financial Markets Authority’s market manipulation case against Mark Warminger wrapped this week. As the first case of its kind to reach the courts its outcome will be significant for the listed market but there is a more personal question: Did Mr Warminger do it? NBR’s Tim Hunter has followed the case from the beginning.
Tax experts are alarmed at the speed with which changes to legislation are being pushed through Parliament. Their concerns centre on the quality of the laws as well as the ability of businesses to adjust to them. Rob Hosking investigates.
Three years after they were legislated for, equity crowdfunders and peer-to-peer lenders are being asked to provide more detailed information to the Financial Markets Authority. Calida Smylie finds out the reaction to the agency’s decision not to prescribe first and ask questions later
Before announcing this week that she will step down at the next election, Education Minister Hekia Parata promised schools an extra $43 million in targeted funding over four years. But according to education experts, throwing money at education’s issues isn’t going to solve them. Nathan Smith reports.
Although it is an unpalatable fact that up to a quarter of Kiwi kids live in households with no adult in fulltime employment, many other indicators of inequality in New Zealand are simply assertions, the New Zealand Initiative’s Bryce Wilkinson argues.
All this and more in today’s NBR Print Edition. Out now.
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Property developers’ days are numbered, The Great Tax Rush, Mr Warminger goes to court
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