The latest monthly property value index shows that nationwide residential values for February have increased 9.3% over the past year, and 1.8% over the past three months. This means they are now 13.1% above the previous market peak of late 2007.
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.
For a limited time, ASB is offering a special 18-month fixed rate of 5.69% p.a.
The typical New Zealand lawyer is aged 38, works in Auckland in a law firm with one to three partners or directors, is a non-smoker and is likely to retire at the age of 68.
An omnibus tax bill introduced today by Revenue Minister Todd McClay proposes changes to bring greater clarity to the tax rules and make them easier for businesses and other taxpayers to understand and comply with.
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.
Kiwibank has switched its headline home loan rate from two years to one year. The one-year rate has been dropped from 5.25% p.a. to 4.89% p.a. The two-year rate has been changed back from the special promotion rate of 4.99% p.a. to 5.25% p.a.
The glass ceiling that women must push through to gain board or senior management roles in New Zealand businesses appears to be getting thicker and more difficult to penetrate, according to the latest research from Grant Thornton.