News

Tax changes may benefit Australia

Friday 28th of April 2006
Because the changes impose a new capital gains tax on all offshore portfolio investment expect Australia it is expected that some of the existing international share allocations may come back to New Zealand assets.

This has led to the likes of NZX chief executive Mark Weldon welcoming the changes as they will increase New Zealanders’ investments in the home market.

However, Arcus chief inv...

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