New Zealand Stock Exchange

Fuel Taxes Lead to Blackmarket

The General Manager of the independent fuel retailer Gull New Zealand Dave Bodger has decried the Auckland City Council’s proposal to use a regional fuel tax to fund public transport projects and infrastructure improvements.

New Zealanders Want an Earthquake Tax

The Green Party of New Zealand has revealed the results of a recently commissioned survey which shows that a large number of New Zealanders are in favor of a temporary tax to help fund the cost of rebuilding Christchurch.

Coming Tax Changes Will “Rebalance” Economy

The upcoming changes to the national tax system are expected to greatly improve the economy, and aid the country’s recovery from the recent Christchurch disaster and financial downturn.

Income Splitting is Flawed and Costly

Peter Dunne’s income splitting proposal has hit a new roadblock after it failed to win the approval of the New Zealand Finance and Expenditure Committee.

New Spending to be Cut from Budget

New Zealand is set for a period of austerity and budget cuts, as the government faces the economic realities and repercussions of February’s earthquake in Christchurch.

Sep 23, 20080

Short Selling Still an Option

Categories: New Zealand Taxation

The New Zealand Stock Exchange (NZX) have issued a statement saying that they will not be following the Australian Stock Exchange(ASX) in banning short selling of stock. The Australian Securities and Investments Commission (ASIC) banned all forms of short selling on the 19th of September, widening the previous ban on “naked” short selling to include “covered” short selling also. While this action was a response to the turmoil caused on the ASX by naked short selling, the NZX does not see enough short ... Read More

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