A review of things you need to know before you go home on Tuesday; NZSF hits a home run, inside traders get jail, RBA signals more cuts, NZD awaits GDT

Short headline:  What happened Tuesday Tweet Here are the key things you need to know before you leave work today. TODAY'S MORTGAGE RATE CHANGES There were no rate changes today. TODAY'S DEPOSIT RATE CHANGES There were no rate changes for term deposits either. GREAT RETURNS The New Zealand Superannuation Fund monthly performance and portfolio report for February 2015 saw the …

Online shoppers could soon be hit with GST

The Prime Minister has warned New Zealanders they could soon be paying GST on online purchases as small as a song download from iTunes.Mr Key said it was inevitable that the cost of online shopping would go up as GST was charged…

Air NZ travellers sought for cartel lawsuit

Passengers who flew across the Pacific during the last 15 years are being urged to apply for funds from a price fixing class action against airlines, including Air New Zealand.The legal case, filed in Northern California, has been…

Mansons unveils $220m of new Auckland buildings

New Zealand's biggest private property developer, Mansons TCLM, is planning three big new Auckland office blocks worth $220 million.Culum Manson said that demand for new low-rise green-star rated office blocks with vast…

Great workplaces make great investments

Last week, Fortune Magazine released its 100 Best Companies to Work For list, that annual catalogue of corporate benevolence that includes paid sabbaticals, generous parental leave and cruises on the company yacht.But while few…

Key says Government looking at unilateral consumption tax on online purchases from offshore sites; also looking at making online retailers register for GST

Short headline:  Key supports GST on online sales Tweet By Lynn Grieveson John Key has thrown his weight behind moves to catch more online purchases and even digital downloads in the GST net, and Labour says it would support changes to close the online revenue loophole. New Zealand is part of an OECD working group looking at the issue of …

Inventories of stored oil at highest point since 1982; if Iran commence exporting again further downward pressure on oil prices; profit taking on USD ahead of FOMC meeting

Short headline:  Oil prices remain vulnerable Tweet By Ian Dobbs*: The USD is seeing some profit taking ahead of what could be a very interesting FOMC statement on Thursday morning. The language used in that statement will be closely analysed for signals the Fed remain on course to hike rates in June. Recent soft US data releases do raise the …