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Property
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Christchurch Housing Accord announced

The acute shortage of affordable housing in Christchurch will only be solved by the Christchurch City Council and the Government working together, Christchurch Mayor Lianne Dalziel says.

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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Canstar releases home loan star ratings report

CANSTAR releases annual home loan star ratings report today, assessing 95 home loans from 10 lenders.

Employment
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'Rock star economy' throws hospital staff out the window - PSA

The Public Service Association says administrative staff at hospitals around the country are missing out on Bill English’s ‘rock star economy’, with the Government instructing pay rises be limited to just 0.7%.

Tax
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Tax Bill gives greater clarity to tax rules

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.

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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Kiwibank switches home loan promotion

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.

Business
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1 in 4 want to improve financial literacy - survey

A nationwide survey by Canstar Blue reveals that nearly a quarter of New Zealanders would like to improve their understanding of banking and finance, but don’t know where to go for information.

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