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Philip York

Plan to repeal gift tax welcomed

Plan to repeal gift tax welcomed
Wellington June 11 NZPA - Lotto winners who want to share their windfall or farmers who want to divide their property among offspring will welcome Government proposals to repeal the "arcane" gift duty tax, says Federated Farmers.

Carter says budget provides "smarter" services for farmers

Carter says budget provides "smarter" services for farmers
Wellington, May 19 NZPA - The Government says it is delivering "smarter services" for biosecurity and the primary sector by providing pragmatic solutions. "Funding has been reallocated to priority areas," Agriculture and Biosecurity Minister David Carter said.

Govt Disappointed With Landowners' Attitude Over Pylons

Govt Disappointed With Landowners' Attitude Over Pylons
Wellington, Feb 18 NZPA - The Government is looking at ways to help break the impasse between Transpower and South Island landowners seeking compensation for pylons on their land, but is disappointed threats are being made, Energy and Resources Minister Gerry Brownlee says.

Tax Cuts Back On Agenda

Tax Cuts Back On Agenda
Wellington, Jan 21 NZPA - A proposal for a land tax has worried farmers and business while a property tax may hit renters in the pocket. The Tax Working Group yesterday released its recommendations to revamp the tax system which it says is broken and needs comprehensive reform.

OCR Left Unchanged

OCR Left Unchanged
Wellington, July 30 NZPA - The Reserve Bank left the official cash rate (OCR) unchanged at a record low 2.5 percent, but made clear it was retaining the option to go lower particularly in light of the strength of the New Zealand dollar.

John Key Disappointed By USA Trade Move

John Key Disappointed By USA Trade Move
Wellington, May 25 NZPA - Prime Minister John Key has added his voice to condemnation over the United States' decision to reintroduce export subsidies on dairy products.

Nz Farmers And Politicians Upset Over US Farm Subsidy

Nz Farmers And Politicians Upset Over US Farm Subsidy
Wellington, May 24 NZPA - The United States' decision to reintroduce export subsidies on dairy products has disappointed New Zealand farmers and politicians. The US move followed the European Union's reintroduction of export subsidies in January.

Farmers Claim Banks Are `milking' Them With Costly Overdrafts

Farmers Claim Banks Are `milking' Them With Costly Overdrafts
Wellington, Jan 23 NZPA - Farm lobbyists say banks are milking farmers by charging unnecessarily high interest rates on overdrafts provided to farmers.