NZ Herald 28 October 2006
Q&As: A reader finds a flaw in my “avoid the rear-view mirror” argument. Or does he?; Would NZ’s tax revenue actually increase if we all invested offshore?; Inland Revenue says it can’t fix everything at once.
Q&As: A reader finds a flaw in my “avoid the rear-view mirror” argument. Or does he?; Would NZ’s tax revenue actually increase if we all invested offshore?; Inland Revenue says it can’t fix everything at once.
Q&As: Is there an 18-year cycle for industrial and resource shares?; Why index fund of Aussie shares has done much worse than its index; Limited submissions on tax changes not good enough; NZ shares, already favoured, shouldn’t get still more favourable tax treatment.
Q&As: Why I won’t do research on an Aussie resource index fund; Too little time to study the new tax plans for international share investments.
Australia is not good enough to get the spread. It’s a basic principle of wise investing: Spread your share investments around the world, to spread your risk. But proposed tax changes will increase taxes on overseas share investments beyond Australia. So should we stick with Australasia?
Q&As: What you should check out before you buy a house. And who should do the inspection; Some possible progress on the proposed changes to international investments tax; Who’s right and wrong in the maths on the new coins; Financial adviser explains how “Jane”, with her $1 million in term deposits, could save on fees.
Q&As: The average New Zealander can’t afford to buy a house, or can they? The poor don’t stay poor; How one man keeps his costs down; Flaws with a tax parable? And a man living on $1,000 a year?; An investment adviser gives us inside info on commissions.
Q&As: What to do about negligent adviser who recommended bad finance company investment; Do high earners pay too much of the tax burden?; Parable about why the highest taxed get the biggest tax breaks.
A worrying prediction about the way share funds are run. A section in a submission to the government from Shareholders Association chairman Bruce Sheppard caught my eye. Referring to proposed changes in the way share funds are taxed, he wrote: “The ability of NZ and Australian funds to trade without having to pay tax may well result in higher trading by institutions, as the active funds strive to differentiate their performance from the index by generating trading gains.
Q&As: Comparing NZ and other countries’ taxes and lifestyles; Several Q&As on government’s tax proposals, including submissions info, Bruce Sheppard quotes and size of Grey List share markets; A promise for a tax-change-free column next week!