The government need to treat investors and developers as the solution, not the problem. Supply is the long-term solution – and it comes from developers and investors. You need both. The investors buy the assets from the developers. If the government continue to make it too hard and annoy property owners (the “landed gentry”) withContinue reading “Fixing Our Housing Problem”
Tag Archives: #chasgunaratne
What can I claim as a tax deductible when I am in business?
Apart from a few special rules, any cost necessary to run your business will probably be tax deductible. However, there are a few things to be aware of – some items that you might assume could be claimed can’t be, and conversely, there may be others you didn’t realise are legitimate expenses. General If youContinue reading “What can I claim as a tax deductible when I am in business?”
Interest Deductibility — NZ Government — Update
On 10 June 2021, the Labour Government opened up a five-week consultation period on the new interest deductibility rules. They have released a Design of the interest limitation rule and additional bright-line rules discussion document which is lengthy and quite detailed, and reveals some interesting thinking, some of which I think is surprisingly taxpayer friendly. On first lookContinue reading “Interest Deductibility — NZ Government — Update”
Tesltra – Buy for Yield | Briscoes | James Hardie
TELSTRA (TLS:ASX / TLS:NZX) BUY: Yield StableTelstra shares have reacted favourably after reporting its 2021 half year result. The telco giant reported a -0.4% decline in total income to $12 billion and a 14.2% reduction in underlying operating earnings (EBITDA) to $3.3 billion. The latter was largely due to an estimated in-year NBN headwind ofContinue reading “Tesltra – Buy for Yield | Briscoes | James Hardie”
Seven Cash Flow Strategies
The COVID-19 (coronavirus) pandemic has forced governments around the world to implement extreme lockdown policies. Although this has helped contain the virus, the impact on their economies and, more specifically, small to medium sized businesses, has been devastating. For business owners, the phrase “cash is king” has never been truer as they try to weatherContinue reading “Seven Cash Flow Strategies”
Australia & New Zealand Market Movers
The Australian market was in the red yesterday (ASX 200 Index -0.8%) as reporting season continues to drive some big individual share price moves. Wesfarmers shares were down slightly after the company reported a -69% fall in net profit for the 2020 financial year, to $1.7 billion. The previous year’s $5.5 billion net profit was boostedContinue reading “Australia & New Zealand Market Movers”
Chinese Stocks Plummet. Stock Market Update.
Global markets recovered overnight with US stocks climbing as gains in Amazon and Nike as well as a surprise rebound in US factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic. Chinese stocks took their steepest dive since 2015 as they resumed trading from the Lunar NewContinue reading “Chinese Stocks Plummet. Stock Market Update.”