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Cleaners, caterers and security guards working for the Government on contracts will be paid at least the living wage from next month. The Government had excluded contractors from the decision to pay the living wage to all people employed in the core public service, but in September 2020 promised to change that. The living wage […]
An airline industry group is calling on the government to relax managed isolation (MIQ) restrictions because it worries international airlines may give up on coming here at all. The Board of Airline Representatives of NZ executive director Justin Tighe-Umbers told Checkpoint airlines have become increasingly frustrated, and some were already pulling out of New Zealand […]
The European Union’s ambassador says the EU is unlikely to match New Zealand’s recent zero-tariff trade deal with the United Kingdom, and has played down concerns that France wants to delay NZ-EU free trade negotiations. Chief negotiators will next week “take stock” of the prospective NZ-EU free trade deal, after four weeks of negotiations that […]
The APEC [Asia-Pacific Economic Cooperation] Chief Executive’s Summit will be opened by New Zealand prime minister, Jacinda Ardern. The Summit, delivered online or virtually, will be held on 11 – 12 November and includes all 21 APEC member countries. New Zealand last hosted APEC in 1999, when the country was visited by then United States […]
StatsNZ announced yesterday that the annual inflation rate was 4.9 per cent, compared to the September 2020 quarter. The construction of new houses and local council rates were major contributors to the increase. Further increases included 10 of the 11 main groups in the CPI list, food and transport were highlighted. The second largest contributor […]
New Zealand inflation surged at the fastest pace in 10 years in the third quarter. The Reserve Bank of New Zealand, which seeks to keep inflation around the midpoint of a 1-3% target band, raised its official cash rate on Oct. 6 and signaled more increases are coming. The currency rose and bond yields climbed […]
Auckland Chamber of Commerce chief executive, Michael Barnett says the Government needs to make vaccinations against Covid-19 mandatory for workers. A recent survey indicated that 90 percent of the Chamber’s members endorsed mandatory workplace vaccination. “We have had government make it clear that 90 per cent vaccination is the target for New Zealand,” says Barnett. […]
The Reserve Bank of New Zealand (RBNZ) increased its cash rate by a quarter of a percentage point to 0.5%. New Zealand is one of the first developed economies to reverse rate cuts put in place during the pandemic. The RBNZ also said it plans to remove more stimulus measures as the economy continues to […]
New Zealand, Chile, and Singapore today welcomed the Republic of Korea’s formal accession request to commence negotiations to join the Digital Economy Partnership Agreement (DEPA) at an event in Paris. Trade and Export Growth Minister Damien O’Connor is in Europe to advance New Zealand’s negotiations for a free trade agreement with the European Union. He […]
New Zealand, Chile and Canada welcomed Mexico as the newest member of the Inclusive Trade Action Group (ITAG) and signatory of the Global Trade and Gender Arrangement (GTAGA) at an event today in Paris. Trade and Export Growth Minister Damien O’Connor is in Europe to advance New Zealand’s negotiations for a free trade agreement with […]
