Money
SFO charges an indictment on political parties - not the system
Power Play: Calls for another look at the rules for party political donations are a cop-out, writes Jane Patterson.
KiwiSaver changes: NZers deserve 'better bang for their buck'
Changes to the default KiwiSaver scheme mean those who join the scheme at age 18 could be almost $150,000 better off at retirement, the government claims.
Pay freeze an attempt at intimidation by a govt scared of strikes - Union worker
A public sector union worker argues that the government's goal was to drive down the pay expectations of the nurses who are currently set to strike.
Evening business for 13 May 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6253978169001 Video, Audio
Serious Fraud Office charges six people over Labour donations
The six people charged in relation to a donation made to the Labour Party allegedly offended between March 2017 and March 2018.
The Serious Fraud Office charges allege the donors' identities were not… Video, Audio
Tesla will no longer accept bitcoin over climate concerns - Musk
Tesla has suspended vehicle purchases using bitcoin due to climate change concerns, its chief executive Elon Musk said in a tweet.
How will the Reserve Bank move away from cheap money?
Billions of dollars has been flushed through the economy in response to the Covid-19 pandemic by the government and Reserve Bank. As well the as the government's $50 billion pandemic response package… Audio
Vote over whether nurses will strike closes today
A ballot by nurses over whether they will strike over pay closes at midday today, with a result expected on Friday.
It comes hard on the heels of the government's stated intention last week - since… Audio
Property company in liquidation after taking millions in govt funds
An Auckland property company which took millions in taxpayer funds to house the homeless has left the IRD and landlords out of pocket after going into liquidation.
Silverfern property services… Audio
Demystifying cryptocurrencies in NZ
It's easy to be a bit dismissive of cryptocurrencies. It feels like something that's happening in the distance, is quite confusing and can probably be left alone. But Masters Student at the University… Audio
Cutting credit card fees will help restaurants' bottom lines
The government is introducing regulations to cut the fees banks charge businesses when customers pay with credit or debit cards. The Commerce Commission will also be given powers to regulate and… Audio
Credit, debit card fees to reduce - Minister
Businesses will pay lower fees on credit and debit card transactions, under new legislation announced today. These are the merchant service fees charged by banks - which have gone largely unregulated… Audio
Demise of bank branch: Are regional banking hubs the future?
As more banks shut up shop around the country, there are increasing calls for the industry to find a solution to a lack of service in rural areas. Earlier this year Kiwibank confirmed it would close… Audio
Ministry of Social Development spend on car repairs tripled over six years
The amount of money the Ministry of Social Development has paid out to help people with car repairs has tripled in the last six years.
Demand for hardship assistance remains high: in the year to… Audio
Ghahraman on Super Fund investing in company that supplied combat aircraft to Myanmar military
The New Zealand Super Fund has invested almost $400,000 dollars in a company that has supplied combat aircraft to the Myanmar military.
Those investments are just a tiny slice of the $100 million of… Audio
Sharp rise in MSD's car repair payments to beneficiaries, low paid
The amount of money the Ministry of Social Development has paid out to help people on benefits or low incomes with car repairs has tripled in the last six years.
Auditor-General wants wage subsidy scheme tightened up
The Auditor-General's Office wants the criteria for the wage subsidy scheme tightened up, amid concerns the Ministry of Social Development hasn't done enough to claw back money from businesses that… Audio
Super Fund invested in company that supplied combat aircraft to Myanmar military
The New Zealand Super Fund has invested hundreds of thousands of dollars into a company that has supplied combat aircraft to the Myanmar military.
Those investments are just a tiny slice of the $100… Audio
Public sector pay freeze controversy could affect strike vote - NZNO
A nurses union says the government's decision to freeze public sector pay could push many of their members into voting for strike action.
After a meeting with unions, the government says it will now… Audio
NZ Super Fund holds shares in firms with links to Myanmar military
The New Zealand Super Fund has invested hundreds of thousands of dollars into a subsidiary of a company that has supplied combat aircraft to the Myanmar military.
