The Government seems unlikely to rush tax changes into this
year's May Budget except for a few easy-to-implement,
one-line changes with few political implications.
The Reserve Bank found itself with some breathing space
yesterday as inflation came in weaker than market
British confectionery maker Cadbury was last night expected
to have conceded defeat in its battle to remain independent
by recommending the 12 billion ($NZ27 billion) takeover offer
from United States rival Kraft.
The Government's reaction to the Tax Working Group report,
due out today, will be of more interest than the report
itself, Polson Higgs tax partner Michael Turner says.
A significant upward swing in the minimum wage would bring an
additional burden to bear on their post-recession planning.
Allied Farmers' new shareholders are showing more resilience
and patience than they were given credit for as they hold on
to the shares they were allocated as part of the Hanover
You know that internet privacy is going to dominate the minds
of some this year when politicians start blogging about it.
Falling food prices are expected to show annual inflation is
down to 1.9% when Statistics New Zealand figures are released
Economists have started the year with varying degrees of
optimism - cautious optimism in the case of the BNZ and
strong in the case of Westpac.
Westpac Moray Place customers will have a new branch to use
from Monday that Otago area manager Ken Cochrane describes as
the ultimate in customer-friendly banking facilities.
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