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Progress on Pt England housing development

Legislation enabling a housing development at Point England and progress on Ngāti Paoa’s historical Treaty settlement has passed its second reading by 62-43, Building and Construction Minister Dr Nick Smith 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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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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Proposed closure of ACC call centres 'disappointing' - PSA

PSA members are surprised and disappointed at the Accident Compensation Corporation’s proposals to close two call centres in Auckland and Wellington.

27 PSA members may be affected if the Corporation follows through on its plans, and some may lose their jobs.

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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'NZME come out on top' in awards run

NZME has every reason to be celebrating this week, taking out top honours in the Canon Media, International News Media Association (INMA) and Pride in Print awards.

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