The New Zealand Government will need to revise its economic growth projections after latest employment figures showed a significant increase in unemployment. New Zealand’s unemployment rate rose to 6.8 percent during the June quarter, compared to a level of 6 percent in the prior quarter. The latest figure represents a 19 000 person increase in [...]

The New Zealand Government will need to revise its economic growth projections after latest employment figures showed a significant increase in unemployment. New Zealand's unemployment rate rose to 6.8 percent during the June quarter, compared to a level of 6 percent in the prior quarter. The latest figure represents a 19 000 person increase in national unemployment, bringing the total to approximately 159 000. The statistics were released government's Household Labour Force Survey, released on August 5th. Last month Alan Bollard, Governor of the ... Read More

The legal action between the Inland revenue Department and two Christchurch surgeons is set to continue, after their tax dispute case was accepted to be seen in front of the New Zealand Supreme Court. Ian David Penny and Gary John Hooper’s application to appeal to take their “company structure” tax evasion case to the Supreme [...]

The legal action between the Inland revenue Department and two Christchurch surgeons is set to continue, after their tax dispute case was accepted to be seen in front of the New Zealand Supreme Court. Ian David Penny and Gary John Hooper’s application to appeal to take their "company structure" tax evasion case to the Supreme Court was approved on August 2nd. The action revolves around alleged tax evasion committed by the medical professionals through a controversial company structure which was claimed, by the ... Read More