Labour’s finance spokesman Grant Robertson says Labour will set out a tax package before the 2017 election to set out how it will raise revenue to address issues in education, health and housing.At a pre-Budget speech in Wellington,…
Orion Health targets return profit in 2018, lifts revenue 26pc
Orion Health is targeting a return to profit in 2018 after reporting a 26 per cent increase in annual revenue as a weaker New Zealand dollar bolstered returns and a smaller tax expense helped narrow the health software developer’s…
Uber: People with low battery are more likely to accept surge pricing
Uber can detect when a user’s smartphone is low on battery, and therefore willing to pay more to book a ride. Uber, which has faced the ire of taxi drivers since launching, can tell when its app is preparing to go into power-saving…
Battle over Redstone's media empire takes another turn
WASHINGTON (AP) ” The battle over the fortune of ailing media mogul Sumner Redstone has taken another turn. Lawyers for Redstone are seeking to remove two members of the board of the trust that will eventually control Redstone’s media…
Bondholders sue over Puerto Rico debt-moratorium l
SAN JUAN, Puerto Rico (AP) ” Holders of bonds from Puerto Rico’s Government Development Bank are suing to challenge aspects of a debt-moratorium law that island officials say is crucial to maintaining essential services as the U.S….
Bernard Hickey: Let them build, using bonds
The flurry of news this week about Labour calling for the abolishment of Auckland’s rural-urban boundary buried a potentially more important idea that could eventually do more to solve the housing crisis than rubbing out any lines…
Can the Budget pull a rabbit out of a hat?
Crisis point It has been labelled a crisis that is locking Kiwi families out of home ownership and threatening the financial stability of our country.The Kiwi housing market juggernaut continues to break new ground and soaring…
City of cranes
A record number of cranes have transformed the Auckland skyline, illustrating the city¹s multi-billion dollar upswing in construction.A report last month revealed 47 cranes were operating in the city and on its outskirts ‹ and more…
Blimp makes emergency landing at construction site, deflates
PHILADELPHIA (AP) ” A blimp has made an emergency landing and deflated at a construction site next to a Philadelphia highway.No injuries have been reported on the two-passenger blimp or on the ground where it landed, near the SugarHouse…
Sugar shortage leads Coca-Cola to halt Venezuela production
CARACAS, Venezuela (AP) ” Coca-Cola is halting production in Venezuela of its namesake beverage due to a sugar shortage brought on by the country’s grinding economic crisis.The Atlanta-based company said in an emailed statement…