The Auditor-General is upping the ante, urging the Government to change the law to require departments to better report on what their spending achieves.

John Ryan is worried it can be difficult to track what comes of Government policies or programmes, and wants the issue investigated by the Parliament’s Finance and Expenditure Committee.

NZ Herald Wellington business editor Jenee Tibshraeny explains further.

LISTEN ABOVE

The Auditor-General is upping the ante, urging the Government to change the law to require departments to better report on what their spending achieves.
John Ryan is worried it can be difficult to track what comes of Government policies or programmes, and wants the issue investigated by the Parliament’s Finance and Expenditure Committee.
NZ Herald Wellington business editor Jenee Tibshraeny explains further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jenee Tibshraeny: NZ Herald Wellington business editor on the Auditor-General urging the Government to report what their spending achieves

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dabf742b-e37d-4a5b-b482-b26d0079847b/transcript

An electricity substation fire in London that closed Heathrow Airport last week is no longer being treated as a criminal matter.

Metropolitan Police have announced there's no evidence to suggest it's suspicious - after briefly bringing in counter-terrorism officers.

UK correspondent Gavin Grey unpacks the findings of the investigation.

LISTEN ABOVE

An electricity substation fire in London that closed Heathrow Airport last week is no longer being treated as a criminal matter.
Metropolitan Police have announced there's no evidence to suggest it's suspicious - after briefly bringing in counter-terrorism officers.
UK correspondent Gavin Grey unpacks the findings of the investigation.
LISTEN ABOVE

Gavin Grey: UK correspondent on London police revealing the Heathrow Airport fire was not a criminal issue

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0dd59275-dce0-40f3-a11b-b2ac007b8fd7/transcript

KMD Brands, parent of Kathmandu, Rip Curl and Oboz, has posted a $20 million half-year loss despite growing sales year-on-year, a result the company puts down to struggling consumer confidence and wholesale channels.

However, the company believes the momentum is building, with Kathmandu’s sales continuing to improve despite the downturn.

Milford Asset Management's Jeremy Hutton explains further.

LISTEN ABOVE

KMD Brands, parent of Kathmandu, Rip Curl and Oboz, has posted a $20 million half-year loss despite growing sales year-on-year, a result the company puts down to struggling consumer confidence and wholesale channels.
However, the company believes the momentum is building, with Kathmandu’s sales continuing to improve despite the downturn.
Milford Asset Management's Jeremy Hutton explains further.
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management Equities Analyst on KMD Brands posting a half-year net loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d3d68061-d1ac-4ee3-9059-b2ac0079802e/transcript

Revenue Minister Simon Watts this month unveiled plans to change the Foreign Investment Fund (FIF) regime to give some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.

He said the Government would also consider exempting more Kiwis from the FIF rules, which incentivise domestic investment, but can be an administrative nightmare.

NZ Herald Wellington business editor Jenee Tibshraeny unpacked the current concerns - and explained why people are calling on the Government to go further.

LISTEN ABOVE

Revenue Minister Simon Watts this month unveiled plans to change the Foreign Investment Fund (FIF) regime to give some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.
He said the Government would also consider exempting more Kiwis from the FIF rules, which incentivise domestic investment, but can be an administrative nightmare.
NZ Herald Wellington business editor Jenee Tibshraeny unpacked the current concerns - and explained why people are calling on the Government to go further.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government looking to change the Foreign Investment Fund regime

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6f653cad-5f89-4d43-9114-b2ac007795ee/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on the Auditor-General urging the Government to report what their spending achieves

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