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Property
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Sustainable housing development reaches new milestone

A sustainable housing development in Hastings has reached a new milestone, with the first of eleven solar PV equipped new-builds complete and open as a show home.

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 lowers fixed home loan interest rates

ASB has lowered a range of fixed interest rates for terms longer than 6 months and introduced a new four year fixed interest rate special.

6 months fixed rate, 5.80%, No change

1 year fixed rate, 5.99%, -0.10%

1 year fixed rate special, 5.70%, No change

Employment
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Supreme Court declines to hear Terranova appeal

Today, the Supreme Court decided not to accept an appeal by the New Zealand Aged Care Association in the case of Kristine Bartlett vs. Terranova Homes and Care Ltd. The decision is based on a view that the matter before them was an interlocutory matter and not a final outcome in the case.

Tax
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Tax assistance agreement to begin next year

From next year a significant new measure for countering tax evasion will become available to Inland Revenue, says Revenue Minister Todd McClay.

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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Consumer confidence continues to decline

The Westpac McDermott Miller Consumer Confidence Index fell to 114.8 in the December quarter, down from 116.7 in September. As such the Index is the lowest since March 2013, when it was 110.8.

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