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News
Student loan arrest warrants may become easier under a new tax bill
5+ hour, 53+ min ago (766+ words) Revenue Minister Simon Watts has identified his target: overseas student loan borrowers who deliberately avoid Inland Revenue communications. A change Parliament has been asked to pass does not expressly require deliberate avoidance to be proved. The change appears in clause…...
Strong annual rise in net population gain from migration in July year
9+ hour, 39+ min ago (270+ words) Population growth from migration more than doubled in the 12 months to July compared to the previous July year. The latest figures from Statistics NZ show a net population gain, being long-term arrivals minus long-term departures, of 20,350 people in the year…...
Taxing questions amidst the political silly season
11+ hour, 3+ min ago (597+ words) This is a re-post of an article originally published on pundit.co.nz. It is here with permission. More recently, when National announced it would extend cervical screening to women aged 24 to 69 if re-elected (Labour pledged a similar policy in…...
Housing slump affecting existing homeowners wanting to move up the property ladder
3+ day, 11+ hour ago (645+ words) The current housing market slump may be making it more difficult for existing home owners to move up the property ladder, because it's likely reducing the amount of equity they have to put towards their next home. Interest.co.nz…...
Houisng slump affecting existing home owners wanting to move up the property ladder
3+ day, 11+ hour ago (659+ words) The current housing market slump may be making it more difficult for existing home owners to move up the property ladder, because it's likely reducing the amount of equity they have to put towards their next home. Interest.co.nz…...
Breakfast briefing: The risks of an unravelling rise
4+ day, 14+ hour ago (1180+ words) Here's our summary of key economic events overnight that affect New Zealand, with news both Iran and the US are targeting oil tankers in the Persian Gulf in the sharpest escalation in their conflict since Trump's war began. The oil…...
Labour promises new rules for data centre electricity use, coordinated AI policy across government
5+ day, 10+ hour ago (291+ words) Labour is following Australia's artificial intelligence (AI) roadmap, promising to introduce an Office of AI, a minister responsible for AI, tight new rules for data centre electricity use and copyright protections for artists and media. Labour leader Chris Hipkins said…...
Breakfast briefing: Central banks realise they have to get more serious in the inflation fight
5+ day, 14+ hour ago (568+ words) Here's our summary of key economic events overnight that affect New Zealand, with news inflation is high and rising around the world and central banks are confronting a change in priorities to get it under control. Their slow action is…...
ACT proposes repealing Zero Carbon Act, scrapping net zero emissions target
1+ week, 1+ day ago (742+ words) The ACT Party wants to scrap New Zealand’s net zero emissions target and repeal the Zero Carbon Act as part of its election climate policy. Net zero has been a long-term target for New Zealand, where all greenhouse gases except…...
RBNZ's Karen Silk suggests savers shop around if OCR hike's not passed through to deposit rates
1+ week, 1+ day ago (985+ words) Reserve Bank (RBNZ) Assistant Governor Karen Silk says an Official Cash Rate increase should see deposit rates increase as well as floating mortgage rates, but they're not moving at the same pace. "We’re definitely not seeing the same level of…...