The UK faces a long and deep recession if voters decide to abandon Europe tonight, says Prasanna Gai, Professor of Macroeconomics at the University of Auckland.”This would be extremely bad for the British economy,” he told The Economy…
Spark boss Simon Moutter calls on Google, Facebook and Apple to start paying their fair share on tax
Spark managing director Simon Moutter on why companies need to pay their fair share in tax. Seeing a news report on the tax minimisation tactics of a certain multinational company prompted me recently to grab my phone and fire…
Govt mulls 'naming and shaming' tax avoiders
Concern over the amount of tax paid by multinational companies has the government mulling a tax transparency register which would name and shame aggressive tax avoiders.Such a policy is currently in force in Australia and was…
Michael Hill outlines 'succession plan' to give 5pc each to daughter Emma, son Mark
Michael Hill, the founder of the jewellery chain that bears his name, has outlined what is described as a “succession plan” for his family’s controlling stake in the company, with 10 percent of the company to be transferred to trusts…
EU referendum: Everything you wanted to know about Brexit but were too afraid to ask
British voters head to the polls later today to decide if the country should stay in the European Union or leave it.The stakes are high and the issues complex. This is how to make sense of it all. WHAT IS THE EUROPEAN UNION? West…
Liam Dann: Has migration reached its peak?
New Zealand’s economic miracle – the desire of people to come and live here – show’s signs it has peaked, according to latest data from Statistics NZ.The pace of net migration was almost unchanged from April and technically takes…
Auckland's tallest residential tower gets green light
A 52-storey residential tower to be built on Auckland’s Custom Street has received resource content from Auckland Council.The tower, to be built within the next four years, is part of architecture firm Peddle Thorp’s design to redevelop…
Xero's Drury on innovation Down Under
Xero CEO and founder Rod Drury has discussed innovation Down Under at a summit opened by United States President Barack Obama.Obama told the SelectUSA Investment Summit in Washington this week that bringing companies together…
Spark or Vodafone – Who's number one?
Spark has waded into the Sky TV-Vodafone merger discussion – disputing a claim that Vodafone is New Zealand’s number one mobile phone company.Spark issued a statement this morning saying it is the number one mobile provider -…
False statements earns director 4 months' home detention
A company director who made false statements in financial accounts has been sentenced to four months’ home detention and 200 hours’ community work.Mark Turnock was on the board of SPG Investment (SPGI), which accepted more than…