Labour’s share in income falls

Phil O’Reilly The latest study by the Productivity Commission is a useful, although partial, insight into the economy. The study ‘Who benefits from productivity growth?-The labour income share in New Zealand’ measures the share of overall income earned by labour compared with that earned by capital. It shows that New Zealand’s labour income share, although gradually declining since the 1970s,…

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Australian Guidance offers relief to Kiwi businesses

Dinesh Naik New Zealand companies with Trans-Tasman operations should benefit from recent Australian Tax Office (ATO) announcement, simplifying Australian transfer pricing record keeping requirements. The aim is to reduce compliance costs for smaller businesses and ensure that the ATO allocates its audit resources appropriately to higher risk transactions and businesses. This follows changes made last year with the ATO toughening…

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Big boys go for properties shunned by poor cousins

David Maida The hot commercial property market and low interest rates are enticing larger retailers to purchase their own premises. But Paul Keane, Director and Executive chairman of RCG Realty, says it does not make much sense for smaller and less stable retailers to do the same. Smaller retailers must make the vital calculation between lease payments versus mortgage payments,…

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Workshops for new arrivals

Teresa Marinovich Citizens Advice Bureau (CAB) conducts workshops and seminars to newcomers to New Zealand irrespective of their visa status. Manurewa: ‘Business Workshop for Migrants” (with lunch) on February 20 from 930 am to 215 pm at 7J Hill Road, Auckland. Please call (09) 2665729 Email: manager.manurewa@cab.org.nz. Registration closes 18 February. Browns Bay: ‘Employment Rights and Human Rights in New…

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Exiting partnership across Indian waters

Editorial One India’s immense market potential, orchestrated by the recent economic boom, has been attracting multinationals, manufacturers and suppliers from all over the world but the ways and means of doing business with the world’s largest democracy continues to be an enigma for many. Red tape, depressingly long bureaucratic procedures and difficult business practices have been cited as impediments to…

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India beckons Kiwi businesses in style

Venkat Raman What are the existing and emerging opportunities for doing business with India? What are the best business models for operating in India? How easy is it today to get through government approvals for establishing partnerships, joint ventures, distribution agreements and trade contacts? Are there restrictions and controls for repatriation of profits and capital? These and many other questions…

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