Finance Minister Bill English has every reason to feel
pleased with himself after delivering Budget 2016.
The 10% ongoing
increase in tobacco tax is the issue most people seemed to
get excited about in yesterday's Budget 2016 which had little
in it to create any real interest.
Doubt about the
Treasury's forecasts included in Budget 2016 were expressed
yesterday, despite the enthusiasm shown in those forecasts by
Finance Minister Bill English.
The best business
could say about Budget 2016 yesterday was it retained a
stable base for business development from which to launch
Health and housing
should be front and centre of Finance Minister Bill English's
eighth Budget today if the Government wants to stave off
growing dissatisfaction with its performance.
The Financial Markets Authority will not be taking any action
against Dunedin meat company Silver Fern Farms in relation to
information contained in an information pack given to
Otago remains third-equal on the ASB/Main Report regional
economic scoreboard with some "excellent reading'' of
results, ASB chief economist Nick Tuffley says.
Tower shares dropped to a two-month low after the general
insurer reported a wider first-half loss and flat gross
written premium income, raising questions about its ability
to compete with larger rivals.
Queenstown Airport's passenger numbers reached 1.6 million
for the first time in a 12-month period in April, figures
released by Auckland International Airport show.
Air New Zealand's April operating statistics provided little
reason for investors to take a breather following the recent
sell-off of shares, Forsyth Barr broker Suzanne Kinnaird said
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