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Category: Zealands

  • S&P on New Zealand’s CA deficit – if it doesn’t narrow could trigger for rating downgrade

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    Investor Empires

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Crypto Taxes: What New Zealand’s New Bill Proposal Means

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    Investor Empires

    On 26 August 2024, New Zealand’s Minister of Revenue, Simon Watts, announced, foot A new bill has been introduced to the House of Representatives that could have major implications for the island nation’s cryptocurrency system. The OECD Cryptocurrency Reporting Framework will be implemented The new bill, titled Taxation (Annual Rates…

  • New Zealand’s Inflation Slowed In Q2 But Caused A Bullish Reaction For NZD

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    Investor Empires

    New Zealand just released inflation data for Q2 2024! The report showed consumer prices rose by 0.4%, which is less than the expected increase of 0.6%. In fact, it is the lowest reading since the second quarter of 2020! The annual reading of the Consumer Price Index also indicated a…