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Property
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Dwelling consents trend continues to rise

The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.

KiwiSaver & Saving
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Concern increased retirement contributions could result in backdoor education cuts

Concern increased retirement contributions could result in backdoor education cuts

The education sector union NZEI TE Riu Roa is calling on the government to come clean about how increased employer contributions to Kiwisaver and other retirement schemes will be funded for the education sector.

Home Loans
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Kiwibank raises floating loan and deposit rates

Kiwibank has raised its variable interest rates from 6.40% p.a. to 6.65% p.a. The increase is effective tomorrow (July 30) for new customers and August 12 for existing customers.

Employment
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Construction surges ahead but salaries lag behind

80 per cent of employers say business activity has increased in New Zealand’s construction industry over the last 12 months yet salaries remain steady for most roles, according to the 2014 Hays Construction/NZIOB Salary Guide.

Tax
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NZers to have say on the future of the tax system

Six people from a variety of backgrounds will give New Zealanders a voice in simplifying, modernising and transforming the way tax is paid.

Prices & Spending
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Discretionary spending increases

Discretionary spending increases

Figures released today by Paymark, which processes around 75% of all electronic transactions in New Zealand, show that Kiwis spent a total of just over $4.6 billion in December via Paymark's network, pushing the annual growth rate up slightly to 3.4 per cent.

Investing
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Antarctica comes to Auckland Museum this August

Step ‘inside’ the historic huts of Antarctic explorers Captain Robert Falcon Scott and Sir Ernest Shackleton to relive a time of extraordinary polar exploration in a new exhibition based around the work of New Zealand photographer Jane Ussher.

Business
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Veritas signs deal to buy Nosh Food Market

Less than a week after Veritas Investments Limited ("Veritas") announced that it had met profit forecasts and declared increased dividends, it has entered into a conditional agreement to purchase the Nosh Food Market business and assets ("Nosh") from Nosh Management Limited as a going concern.

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