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Property
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Stronger for longer in Auckland as yields continue to firm

The Auckland commercial property market continues to retain its buoyancy, despite typical late cycle behaviour driven by tightening credit conditions, capacity constraints and labour shortages, according to CBRE’s latest Marketview report.

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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Want a Christmas job in retail? Read Retail NZ's advice first

With less than 100 days to go until Christmas, many people will be looking for seasonal work in retail stores, and Retail NZ has published some advice for would-be shop workers about how to get those retail 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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Jet fuel starts to arrive at Wiri terminal from Marsden Point

Jet fuel has started to arrive to the Wiri terminal from Marsden Point, and is expected to reach Auckland Airport by Tuesday, Energy and Resources Minister Judith Collins says.

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