Dene Mackenzie

Tax audits of wealthy widened

Tax audits of wealthy widened

Wealthy individuals, particularly new immigrants, can expect some extra scrutiny from Inland Revenue in the current financial year to ensure they are meeting their New Zealand tax obligations.

Long haul leads Air NZ passenger increase

Long haul leads Air NZ passenger increase

Air New Zealand carried 1.34million passengers last month, 5% more than the same period last year, in a continuation of good news coming from the national carrier.

Trade figures rise past expectations

Trade figures rise past expectations

June's exports and imports both exceeded expectations but New Zealand still reported a small trade deficit in the month, after five consecutive surpluses.

Apple still thriving, broker says

Apple remained a quality technology stock with a growing range of products and services, Craigs Investment Partners broker Chris Timms said yesterday.

Cash rate cut and more on cards

Cash rate cut and more on cards

Reserve Bank governor Graeme Wheeler cut the official cash rate as expected yesterday and indicated further cuts were on the way.

Stocks appeal as interest rates decline

The NZX50 index is likely to bust above the 6000-point mark as investors look for income in times of falling interest rates.

New role for Crombie

New role for Crombie

Dunedin independent director and accountant Graham Crombie can add another line to his already extensive CV after being appointed as an associate member of the Commerce Commission.

Tech shares prove disappointing

Technology companies reporting yesterday offered disappointing financial results, causing the blue chip Dow Jones Industrial Average to tumble.

South Is companies show their resilience

South Is companies show their resilience

South Island companies overcame a tough and challenging three months to achieve a hard-fought gain of $159.2 million in capital value for the June quarter, according to the Deloitte South Island Index.

OCR cut set to stoke heated house market

Comment: New Zealand's housing market is set for another boost tomorrow when the Reserve Bank cuts the official cash rate from its present 3.25%.