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Wellington sees strong growth in housing consents

Wellington is making good progress against its annual targets for new building consents, with 1204 new dwellings or sections consented in the last six months - well over half the 1500 targeted for the year.

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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LVR start date deferred until 1 October 2016

The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals.

Employment
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E tu forced to withdraw from Mayoral meeting on Cadbury

E tÅ« union was forced to withdraw from today’s Mayoral forum on the proposed closure of Dunedin’s Cadbury factory, citing legal concerns.

Tax
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Tax law change needed to help rebuild and preserve buildings - NZ First

An amendment to the Income Tax Act 2007 is urgently needed to help businesses rebuild and get back on their feet after earthquakes, says New Zealand First Building and Housing Spokesperson, Ron Mark.

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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Opotiki dairy farmers win Bay of Plenty Ballance Farm Environment Awards

Opotiki dairy farmers Jared and Sue Watson have won the Bay of Plenty Ballance Farm Environment Awards.

Sue and Jared have been 50:50 sharemilkers since 2002 now milking 282 cows once a day on a 120ha platform in the Waiotahe Valley.

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