Forum Archive Index - May 2001
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Re: [sharechat] NZ - Downgrade
Bob
Why not tax incentives for New Zealand investors then we only pay once not
forever in them taking the returns back home.
Give everbody a wake up call, get everybody to close their wallets for a
week and listen to the screams,but then we might just have a little bit of
investment money
Malcolm
>From: "Bob" <bob@the-stock-market.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] NZ - Downgrade
>Date: Wed, 23 May 2001 22:24:54 -0500
>
>I was told today that NZ has been downgraded my a Credit Agency - either
>Moodys or S&P. NZ$ has also been very weak against the Greenback today. I
>think that the only $ that is weaker than ours is the Indonesia R$. Even
>they have a higher growth rate. Come on Helen Clark, lets put some economic
>policies together that gets this country going again. I put my hands up for
>tax incentives for Foreign investment.
>
>Bob
>
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