Energy bosses say proposed legislation, designed to tighten rules around the decommissioning of oil and gas wells, risks creating a shortfall in electricity generation.
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The country’s top 30 co-operatives earned nearly $42 billion in revenue last year, roughly the same as 2015, the NZ Co-operative Economy Report shows.
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Inland Revenue, MetService, New Zealand Post, ANZ and Kiwibank were also hit by what is believed to be a co-ordinated denial of service attack, but all appear to be back online.
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The increasing cost of building materials is jeopardising first home buyers’ finances.
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Auckland warehouses are overflowing with building materials that importers have been prohibited from distributing during lockdown despite severe shortages.
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The average property value has risen to nearly eight times the annual household income, putting homeownership out of reach for more New Zealanders.
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The government’s wage subsidies bill has passed $1.2 billion and the payout is supporting 838,000 employees, 117,000 self-employed people and 242,000 businesses.
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Spring has sprung at the same time as level 4, forcing Auckland’s flower growers to bin months of their work.
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Kiwi bank and ANZ along with New Zealand Post, Inland Revenue and Metservice all experienced blacks-out due to a cyber-attack earlier today.
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Consumer complaints about insurance and financial services have increased in the past year, most being unsuccessful because consumers didn’t read the fine print.
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