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Auckland building consents 'tragic' - Twyford

The only word to describe the latest building consent figures for Auckland is ‘tragic’, Labour’s Housing spokesperson Phil Twyford says.

"Whatever the Government is doing to address the Auckland housing crisis, it is clearly not working.

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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ASB cuts its five-year fixed interest rate special

ASB is cutting its five-year fixed interest rate special to 5.75% p.a. and has dropped its two-year fixed rate special to 5.39% p.a.

Employment
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Kiwis more willing to bet on themselves

Investing in your success: Would you cut your base salary to potentially earn more in a performance-related bonus?

Tax
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KPMG welcomes debt capitalisation tax proposals

KPMG welcomes proposals confirming that shareholders can convert debt to equity funding for insolvent companies. This will provide business with a simple route to rationalise group structures without unwarranted tax effects.

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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Confident businesses stay on the front foot

Businesses are confident, have runs on the board and have carried strong momentum into 2015, according to February's ANZ Business Outlook survey.

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