Independent Analysis and Reportage
Source: Radio New Zealand RNZ Housing market confidence has taken a tumble as interest rates rise, prices are expected to stay flat, and inflation heads higher. ASB’s latest housing confidence report in the three months ended April showed a net 19 percent of respondents expecting prices to rise over the next 12 months from 30…
Source: Radio New Zealand Consumer NZ says no bank has earned one of its People’s Choice awards for customer satisfaction this year. RNZ / Supplied Consumer New Zealand says no bank has earned one of its People’s Choice awards for customer satisfaction this year. Based on a survey of 1958 New Zealanders, no bank met…
Source: Radio New Zealand Hellers brand Sweet Chilli Pork Tenders (600g) was recalled after hard plastic was found in the packs. SUPPLIED Food Safety says a brand of pork tenders sold at supermarkets around the country is being recalled because the packs could contain pieces of hard black plastic. It says the 600-gram packs of…
Source: Radio New Zealand The government’s latest job cuts in the public sector have a “DOGE-type approach” say the Greens, but it is “just what the doctor ordered”, according to ACT. The government announced today that public service jobs are to be slashed by about 14 percent over the next three years in a shake-up…
Source: Radio New Zealand Barbara Edmonds says the party hasn’t decided what assets to put in the fund yet. RNZ / Samuel Rillstone Labour will not release key details of its Future Fund policy until after the election, saying some of the advice it needs can only come if the party is in government. If…
Source: Radio New Zealand The New Zealand Initiative executive director Oliver Hartwich. Supplied The New Zealand Initiative is pleased with the government’s plan to slash nearly 9000 public sector roles over the next three years. The changes will see public service jobs slashed by about 14 percent by 2029, in a shake-up the government says…
Source: Radio New Zealand The Jarden building at the bottom of Queen Street, Auckland Google Maps Brokerage and financial services firm Jarden is in for a significant restructuring, with the wealth and asset management operations to be split off and the investment banking business to be retained in an employee-owned structure, sources have told RNZ.…
Source: Radio New Zealand The government has announced plans to slash public service jobs by about 14 percent over the next three years in a shake-up it says will deliver $2.4 billion of savings. The changes announced in a pre-Budget speech delivered by Finance Minister Nicola Willis on Tuesday would result in about 8700 job…
Source: Radio New Zealand The Prime Minister says the public service isn’t a “make-work” scheme as he signals there will be job losses as a result of proposed government changes. Finance Minister Nicola Willis will set out three proposals in her Auckland pre-Budget speech on Tuesday afternoon in an effort to create efficiencies in the…
Source: Radio New Zealand RNZ The government is set to announce proposals which RNZ understands will seek to reduce the number of government agencies, with amalgamation, more work on digitisation and using AI, and setting a target to reduce the public service headcount to 1 percent of the total population by 2029. There are 42…
Source: Radio New Zealand Labour leader Chris Hipkins says bigger government departments aren’t always more efficient than smaller departments. RNZ / Marika Khabazi Labour leader Chris Hipkins says public servant caps can be “arbitrary” and bigger government departments aren’t always better at doing the job, as the finance minister looks to downsize the public service.…
Source: Radio New Zealand Recent reports about second-hand sales booming are probably met with gleaming eyes from potential sellers looking for an extra buck in a cost-of-living crisis. TradeMe’s circular economy report earlier this year estimated, on average, each person has 19 items to sell, with an estimated value of $1300 per person. It highlighted…