Archive for October, 2012

Government seeks feedback on mining reviews

Comments Off | 10-31-2012

The Government is calling for public feedback on proposed changes to royalties and the taxation of minerals.
Two papers – Reviewing the Royalties Regime for Minerals and Taxation of Specified Mineral Mining – have now been released for public consultation. The royalties paper sets out proposals related to Government revenue from minerals, not oil and gas. [...]

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NZ signs multilateral tax convention

Comments Off | 10-31-2012

Evading paying tax has just become significantly more difficult, Revenue Minister Peter Dunne said today in announcing that New Zealand has signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Mr Dunne said that signing the Convention was another important step for New Zealand in the fight against tax evasion.
“International co-operation in tax matters [...]

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Cross-party support for Natural Health Products Bill

Comments Off | 10-31-2012

The Natural Health Products Bill has been reported back to Parliament with the support of all parties on the Health Select Committee.
Health Minister Tony Ryall is pleased with progress on the bill, which will provide regulation of commercial natural health products, such as vitamin supplements, Echinacea and fish oil.
“New Zealanders can continue to support and [...]

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New online passport service and fee reduction

Comments Off | 10-31-2012

Internal Affairs Minister Chris Tremain has announced that from Friday 2 November New Zealanders will pay less for their adult passport and be able to renew their passports online.
“All adult passport applicants whose application is processed in New Zealand will pay less. Prices for adult passports will drop by as much as $28 for renewals [...]

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Pike River Royal Commission report received

Comments Off | 10-30-2012

The government has received the report of the Royal Commission on the Pike River Coal Mine Tragedy, Attorney-General Christopher Finlayson announced today.
Ministers will now consider the report and its recommendations. The report will be released, first to victims’ families and then to the public, early next week, along with the government’s response.
The Chair of the [...]

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Changes to Part 6A approved by Cabinet

Comments Off | 10-30-2012

Cabinet has agreed to further improvements to the Employment Relations Act 2000, including changes to Part 6A that deals with the cleaning, catering, orderly and laundry industries, Labour Minister Kate Wilkinson said today.
The objective of Part 6A is to provide continuity of employment for employees in specific industries when a business is restructured or sold.
“A [...]

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New Zealand signs tax agreement with PNG

Comments Off | 10-30-2012

New Zealand and Papua New Guinea have signed a double tax agreement, Foreign Affairs Minister Murray McCully and Revenue Minister Peter Dunne announced today.
Mr Dunne said that the new double tax agreement signed by Mr McCully and PNG’s Foreign Minister Rimbink Pato in the PNG capital, Port Moresby, last night will help reduce tax impediments [...]

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Govt responds to housing affordability report

Comments Off | 10-29-2012

The Government agrees with the Productivity Commission that housing can be made more affordable, and has embarked on a wide-ranging programme to make that happen, Finance Minister Bill English says.
The Government today issued its response to the Productivity Commission’s report on housing affordability.
“High house prices matter because many New Zealanders spend a large portion of [...]

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Affordable housing action well underway

Comments Off | 10-29-2012

Housing Minister Phil Heatley says the Government is already in the process of implementing key components of the Productivity Commission’s advice to address affordable housing, and has plans for more action.
“Back in 2010 we received a landmark report from the Housing Shareholders’ Advisory Group (HSAG). That report was the Government’s cornerstone for a programme of [...]

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Further RMA changes to help project planning

Comments Off | 10-29-2012

Environment Minister Amy Adams today announced the Government will introduce a six-month time limit on the council processing of medium-sized consents to avoid unnecessary costs and long, drawn-out processes for all parties.
“The costs, uncertainty and delays of the current system are affecting New Zealand jobs, infrastructure and productivity,” Ms [...]

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