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Investment property expert says councils should crack down on holiday rental providers

May 19, 2026

Source: Radio New Zealand Christchurch Council wants the government to make accommodation platforms like Airbnb share data. AFP A property investment expert says councils should crack down on short-term holiday rental providers who are not paying business rates without the government’s help. The Christchurch City Council wants the government to make accommodation platforms like Airbnb…

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Public sector job cuts: ‘Nobody is above scrutiny’

May 19, 2026

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…

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Contact Energy boss says risk of New Zealand running out of power this winter eases

May 19, 2026

Source: Radio New Zealand New solar and geothermal generation means New Zealand no longer faces the same risk of running out of power in winter in so-called “dry years”, according to Contact Energy Chief Executive Mike Fuge. Hydro-generation is the country’s largest power source but can be limited in years when rain and snow melt…

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Labour holds off on Future Fund details until after election

May 19, 2026

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…

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Slashing public sector jobs the right move, New Zealand Initiative says

May 19, 2026

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…

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Brokerage and financial services firm Jarden set for significant restructure

May 19, 2026

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.…

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Green Party says National’s education law changes undermine teaching council

May 19, 2026

Source: Radio New Zealand Green Party Education spokesperson Lawrence Xu-nan. VNP / Phil Smith A primary teachers union says a last-minute amendment from Education Minister places the Teaching Council under total ministerial control. The Green Party says it bad lawmaking and an ideologically driven undermining of the Council’s independence. Erica Stanford unveiled the changes to…

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Christopher Luxon says public service cuts will be on ‘case-by-case basis’

May 19, 2026

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…

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‘Slapped’ contractor issued a cease and desist

May 19, 2026

Source: Radio New Zealand A woman who shared a video online of Wealth Mentor chief executive Kyron Gosse slapping her says she did so to raise awareness of workplace bullying. Savannah Carter is a property manager who previously worked as a contractor for property investing coaching firm Wealth Mentor. She posted the video on her…

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More public service job cuts may be coming – here’s how many have gone already

May 19, 2026

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…