Industry Articles

Property · Building · Design

CFD risk management and tax treatment

This article introduces the most important aspect of contracts for difference trading—risk management—along with trading fundamentals. Later, I will also share some considerations about CFD trading as a business and its relationship with New Zealand tax returns.

Saving costs and staying compliant: tax on Airbnb and other short-term rentals

Online short-term rental platforms such as Airbnb have taken an increasingly large share of the rental market in recent years. The latest figures released by Stats NZ in June 2019 show that New Zealanders earned approximately NZ$550,000,000 over the previous year by renting out their properties through websites such as Airbnb.

Risk-based principles for anti-money laundering supervision

In 2019, from 8 October to 9, the New Zealand Police Financial Intelligence Unit, FIU, and the Association of Certified Anti-Money Laundering Specialists, ACAMS, jointly hosted the annual Anti-Money Laundering and Countering Financing of Terrorism conference.

2019 Annual Honours — Business Excellence

Featured company: Prostone Consulting Ltd. Key strength: New Zealand's first comprehensive Chinese consultancy, providing one-stop advisory services in property development investment, project management, construction management and cost management.

2019 Annual Honours — Person of the Year

Featured individual: Franky Wang. Reason for recognition: BNZ's newly appointed Head of Asia, with an enduring commitment to diversity and inclusion in business and Asian communities.

2019 Annual Honours — Sales

Featured company: Safari Group (NZ) Ltd. Sales achievements: Safari Group projects successfully settled in 2019

The housing market amid the pandemic

The ratio of sales to new listings has long been regarded as an important predictor of Auckland house prices. In early March, ASB economists were still concerned that New Zealand’s low housing inventory would push prices higher as demand increased. Without more new listings, Auckland house price growth was very likely to exceed economists’ forecast of 7.5% by the middle of this year.

Huang Weixiong: building strength and setting sail

The first Asian executive director and member of the top decision-making team (Rear Commodore) at Bucklands Beach Yacht Club (BBYC), New Zealand’s second-largest sailing and boating club; member of the Royal New Zealand Yacht Squadron’s House and Membership Committee; chairman of the New Zealand Sailing and Yachting Centre; specially invited overseas guest at the Chinese Yachting Association summit; principal of the New Zealand College of Business; one of Guangdong’s ten outstanding young overseas Chinese; overseas delegate attending the Chinese People’s Political Consultative Conference as an observer; council member of Sun Yat-sen University; and editor-in-chief of the first jointly produced China–New Zealand textbook on the Belt and Road Initiative