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Avian Deterrent Grass Wins Dupont Innovation Award

An avian deterrent grass being commercialised by PGG Wrightson Turf has scooped the Australasian DuPont Innovation Award for Performance Materials, which recognises the commercialisation of outstanding science and technology in Australasia.

Randstad Calls For Investment In Skills

Future investment in training and development critical to the New Zealand economy

The Little Devil In The Detail

The Little Devil In The Detail

"There's a little tax devil in the detail of Budget 2011 around future policy reform targeted at mixed use assets - read as planes, boats and holiday homes," says Thomas Pippos, managing tax partner at Deloitte.

Budget 2011: A Budget To Save NZ's Credit Rating. Boosting Savings Better Than Raising Taxes

Budget 2011: A Budget To Save NZ's Credit Rating. Boosting Savings Better Than Raising Taxes

Today's Budget is designed to save New Zealand's credit rating and lift our national savings rate with KiwiSaver, the Employers & Manufacturers Association says.

KiwiSaver Tinkering Adds Compliance Costs To Business

KiwiSaver Tinkering Adds Compliance Costs To Business

Improving savings in productive sectors crucial to economic growth

The compliance costs for businesses of administering KiwiSaver contributions continue to mount with each change to the scheme, says Deloitte tax partner Greg Haddon.

NZ Economics: 2011 Government Budget - More Aggressive Period Of Fiscal Repair Projected

NZ Economics: 2011 Government Budget - More Aggressive Period Of Fiscal Repair Projected

BOTTOM LINE: The 2011 Budget forecasts underlying operating deficits as a percentage of GDP of 8.4% in FY11 and 4.7% in FY12. Surpluses are projected to be achieved in FY15, earlier than suggested at the Half-Year Update (and our own expectations).

Ratings On New Zealand Unaffected By Government's 2012 Budget

Ratings On New Zealand Unaffected By Government's 2012 Budget

Standard & Poor's Ratings Services said today that contents of the National Party coalition government's proposed 2012 budget are consistent with the assumptions that feed into our sovereign ratings on New Zealand (foreign currency rating AA+/ Negatve/A-1+; local currency rating AAA/Stable/A-

Budget To Lift Savings And Investment

The Government has confirmed several measures to increase national savings, including mapping a faster path back to budget surplus and providing New Zealanders with a wider range of investment opportunities.

HSBC Closes Floating Rate Notes Issue

HSBC Closes Floating Rate Notes Issue

HSBC New Zealand branch (rated AA/Aa1/AA*) has today announced that its five year Wholesale Floating Rate Notes issue due May 2016 closed over subscribed. The transaction was launched as a capped issue of NZD$200 million at a margin of 125 basis points over BKBM.