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New Ford Territory in NZ in early 2015

The freshened Territory will arrive in New Zealand in early 2015 with a more modern look with the space and functionality that helped it spur Australia and New Zealand’s SUV trend that continues 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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HSBC offers 5.85% per annum three-year home loan rate

HSBC New Zealand, the global bank for New Zealanders, announces that it has reduced its HSBC Premier three-year fixed home loan rate by 0.4% to 5.85% per annum.

Employment
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How to make teleworking work

AUT University’s New Zealand Work Research Institute (NZWRI) has released the Telework Briefing, a collection of key findings on managing telework. The briefing is aimed at helping managers implement or review teleworking within organisations.

Tax
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Henri Eliot to chair Tax Simplification Panel

Revenue Minister Todd McClay has announced Board Dynamics founder, Henri Eliot, as the Chair of the new Taxpayer’s Simplification Panel.

The Panel will give New Zealanders a voice in simplifying, modernising and transforming the way we all pay tax.

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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Farmers call for OCR pause as exports fall in the June quarter

Following yesterday’s increase in the Official Cash Rate and export data for the June quarter, Federated Farmers is relieved the OCR will likely be on hold for the remainder of 2014.

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