Revenue Minister Todd McClay yesterdayannounced some
wide-ranging proposals for changing New Zealand's tax system.
Business editor Dene Mackenzie talked to Deloitte Dunedin tax
partner Peter Truman about some of the changes.
Foreign ownership in New Zealand shares has risen
significantly since the lows in 2010 and is now well above
historic averages. Forsyth Barr broker Suzanne Kinnaird tells
Business editor Dene Mackenzie there are several issues which
could result in the high premiums attracting those foreign
investors being reversed.