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In a joint press release issued on 29 January 2007, the Treasurer, Peter Costello, and the New Zealand Finance Minister, Dr Michael Cullen, announced that negotiations for a new tax treaty between Australia and New Zealand will commence shortly. The Ministers noted the importance of facilitating cross-Tasman investment, which substantially benefits the economies of both nations.

For a copy of the joint press release, No 2006/001, 29 January 2007, go here

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