Cullen’s shock move hinders airport bid

The Government has urgently toughened New Zealand’s overseas investment rules, putting a new hurdle in the way of the controversial Canadian pension fund’s bid for a 40 per cent stake in Auckland Airport. The unexpected move comes just one week after the Government announced it would legislate against a multimillion-dollar tax break that the Canadian […]

New Zealand well-prepared for global slowdown

Placing this article does not mean I endorse labour. But I do think that the fiscal conservancy of labor has placed this country relatively better placed to weather the coming storm than other countries like the US and Australia. Thursday, 24 January 2008, 10:14 am Opinion: New Zealand Government Hon Dr Michael Cullen Minister of […]