But if you weren't departing to earn overseas income you wouldn't be quaffing that coffee so it sort of is export earnings mate :)
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People want to count everything or want you to favour their jurisdiction..feel like piggy in the middle..
They way i drink, export earnings before I fly away all the time is dwarfing what my US based firm earns haha. US tax advisor advise of wings of change in the US.. saying need to tweak and restructure to bring less earnings back home to keep IRS happy..what about the IRD..hmmm... while.... US fed official at a business meeting says they want business like mine, with a large US payroll to structured through the US and in turn encouraging pay lower income tax in the US or through the US state of Delaware... they are aiming to be the largest, most competitive tax haven option...I need another drink...
I think its fairly safe to assume that Milford finished their selling for now...a big parcel transacted this arvo at 3.85...
http://www.stuff.co.nz/business/9251...recast-by-2023
hopefully a rise in SP too......
From today's budget:
Tourism: $61 million towards a new $102 million tourisminfrastructure fund for regional New Zealand. $86 millionfor DOC tourism infrastructure around New Zealand.
I mean at this point the government is like subsidising THL's growth right? :t_up:
When the USA market update? Thanks
Hi,anyone knows why there are 8 cents dropped today? Any news updated?
Interesting article about thl - esp where the industry is in theCapital Cycle
http://www.goodreturns.co.nz/article...tal-cycle.html
Interestig article but I don't agree fully.
The NZ caparvan market is profitable, but partly because of THLs expertise and fleet optimisation. I can't see companies flocking into their business model and creating competition because there's not a huge market in NZ in the first place and THL could essentially lower their prices and push them out of the market if they did enter. The whole industry here makes what 20m profit in NZ?
THL also has growth scheduled in the USA which is a huge market. I think there's more competition here, but the size of the market should bring plenty of opportunities.
The major risk is a decline in tourism and companies fighting for market share and to stay alive. THL has targeted 50m in 2020 and so far they're delivering :)