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Property
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AKL mayor welcomes Unitec housing announcement

Mayor Phil Goff has welcomed the government’s purchase of 29 hectares of land from Unitec to create up to 4,000 new homes in Auckland.

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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Malaysian labour scam industry wake-up call

E tū is urging the construction industry to get its house in order after revelations of a scam involving illegal Malaysian construction workers.

Tax
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Retail NZ asks Nash to stand by GST commitment

Retail NZ is asking Revenue Minister the Hon Stuart Nash to stand by his commitment to make sure that foreign websites are paying their share of GST, after reports that he "jumped the gun" in commenting on the issue.

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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Tourism industry solution focused on freedom camping

A new body to consider freedom camping must create a broad consensus on the solutions that will address community concerns, says Tourism Industry Aotearoa.

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