Can Air NZ please simply cough up with the numbers that everyone wants to see and that it refuses to tell us? How much of its $190 - $230 million earnings comes from domestic profits and how much of it comes from international profits? Even though Air NZ is majority owned by you and me - the tax payer - it won't tell us who it is making money from - which is probably you and me again - not overseas tourists.
Sources:
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/AIR/429878/417101.pdf
Sources:
http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/AIR/429878/417101.pdf
Professor Robert MacCulloch holds the Matthew S. Abel Chair of Macroeconomics at Auckland University. He has previously worked at the Reserve Bank, Oxford University, and the London School of Economics. He runs the blog Down to Earth Kiwi from where this article was sourced.
3 comments:
And also the soft subsidy of Govt. employee travel which always bias towards maximum cost so as capture maximum tax evaded air points for the traveler, not the people paying, again a subsidy.
On the old tax forms one had to sign and state that there were not other payments received in kind or cash.
Who committed fraud and who still does.
Good question.
Oh come on Anons, get with the programme. They're just like those Ozzie banks, rorting us handsomely, and they without even bending the knee to the mythical sky waka.
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