Government moves to restore confidence in carbon credit pricing
Market recovers after James Shaw says latest advice from the Climate Change Commission will ‘guide’ the Cabinet.
Market recovers after James Shaw says latest advice from the Climate Change Commission will ‘guide’ the Cabinet.
The Reserve Bank is set to deliver another rise in the official cash rate but the end to the aggressive series of interest rate hikes may be in sight.
Calls are being made for a review of the age of entitlement for superannuation in New Zealand as the cost of the pension continues to rise. Infometrics principal economist Brad Olsen has stated that the issue of superannuation has been ignored for too long, and it is time to consider increasing the age of eligibility. […]
New Zealand’s banking industry is set to experience significant structural changes as regulation and technology evolve to give consumers more power and choice over the next decade, according to a report by law firm Chapman Tripp. The sector will face a more diverse, difficult, and competitive trading environment, resulting in wins and losses for both […]
New Zealand’s living wage rate will increase by $2.35 or 9.9% on the 2022/23 rate to $26 per hour, reflecting recent increases in the cost of living and the needs of families. A full-time worker who earns the new living wage rate will now be paid $54,080 before tax annually. The living wage is recalculated […]
New Zealand foreign policy experts believe that being excluded from the AUKUS security pact will benefit the country’s strategic interests, including improving its relationship with China. The AUKUS agreement, which saw Australia acquire nuclear submarines with the help of the United States and the United Kingdom, has raised concerns among New Zealand’s political leaders about […]
New Zealand’s real estate market is facing a slowdown as the Real Estate Institute of New Zealand (REINZ) reported a drop in sales and prices. According to the data released by REINZ, 92 fewer lifestyle properties were sold for the three months ending February 2023 than for the three months ending January 2023, representing an […]
New Zealand’s video game industry is at risk of losing its biggest game developers to Australia due to tax incentives that are attracting senior staff across the Tasman. The industry has seen a significant slowdown in growth as a result of the competition posed by Australia’s game industry, which offers an industry-wide tax offset of […]
Two new reports from the Ministry of Social Development show a record number of New Zealanders have moved off a benefit,…
Global shipping giant Maersk’s decision to pull its dedicated New Zealand coastal service has raised concerns for the country’s supply chain security. After less than a year of operation, Maersk will withdraw its Coastal Connect service next month, impacting around 60 local staff. Instead, the company will upgrade its trans-Tasman Polaris service to a weekly […]