BUSINESS - MSC NewsWire

Tax fixes not rocket science

The Council of Trade Unions today welcomed the interim report of the Tax Working Group which pointed to some obvious fixes to make New Zealand more fair and equal.

Source A CTU release

Broad-based growth as GDP rises 1 percent in June quarter

Gross domestic product (GDP) rose 1.0 percent in the June 2018 quarter, up from 0.5 percent last quarter, Stats NZ said today. This is the largest quarterly rise in two years.

Source/ReadMore A StatsNZ release

Tax Working Group proposes wider scope for taxing capital gains

A capital gains tax on the sale of investment property, businesses, shares and other assets such as farms is a step closer if the interim report of the Tax Working Group leads to firm recommendations in its final report next February

Source/ReadMore Sharechat

Kiwi billionaire Stephen Jennings joins NZ Initiative board

Kiwi billionaire investor Stephen Jennings has joined the board of the New Zealand Initiative think-tank

Source/ReadMore Sharechat

Westpac Champion Business Awards

Westpac Champion Business Awards: Seequent and City Harvest Food Rescue Take Supreme Honours, and Dame Adrienne Stewart Recognised for Contribution to Business and the Arts

Source A Canterbury Chamber of Commerce release

WWF-New Zealand CEO Livia Esterhazy appointed to Treasury Board

Secretary to the Treasury Gabriel Makhlouf has appointed Livia Esterhazy as a new non-executive director on the Treasury’s Board.

Source A WWF-New Zealand release

Timaru employee wins inaugural New Zealand EA / PA excellence award

A Timaru staff member who goes above and beyond for her employer, colleagues and her community, has won the inaugural New Zealand executive assistant / personal assistant of the year award.

Source A MakeLemonade release

High Court orders reinvestigation of Chinese steel imports

Officials have been ordered to reconsider New Zealand Steel's bid to have anti-dumping duties on imposed on Chinese steel imports

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CERT NZ receives highest number of reports for a single quarter yet

The latest threat report released by CERT NZ today shows over 700 cyber security incidents were reported from 1 April to 30 June - the largest ever volume for a single quarter – cementing CERT NZ’s role as a central coordinator in New Zealand.

Source A CertNZ rrelease

Near-record throughput at Marsden Point

The Marsden Point oil refinery processed a near-record 7.62 million barrels of oil during the past two months

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Synlait nearly doubles profit in tenth year of operations

Synlait (NZX: SML; ASX: SM1) has reported a net after tax profit (NPAT) of $74.6 million, almost double the NPAT of $39.5 million announced for the same period last year.

Source A Synlait release

Green Party welcomes proactive release of cabinet papers

The Green Party tautoko the Government proactively releasing Cabinet papers to ensure and openness and accessibility, but will work to go even further.