Budget 2025: Who’s worse off under new KiwiSaver changes?
The increase in contribution rates should make most savers better off – but it won’t benefit everyone.
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Category : News
KiwiRail weighs 70 job cuts as Aratere ferry retirement looms
The Maritime Union says 70 workers will lose their jobs as KiwiRail retires its Aratere ferry to make way for Picton’s infrastructure redevelopment, with new ferries not arriving until 2029.
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Christchurch’s iconic McLean’s Mansion up for sale
One of the country’s largest wooden buildings, a 2200 sqm Jacobean behemoth – is on the market.
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Tens of thousands of families will be worse off under Budget changes to Best Start tax credit
Money saved by income-testing in the first year of a baby’s life is instead being put into the Working for Families scheme.
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Some landlords, tenants unaware of Healthy Homes standards despite looming deadline
All rental properties must comply with the Healthy Homes standards just weeks from now, including ventilation, heating and insulation.
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Will your My Food Bag investment ever recover?
The company has reported a 5 percent profit increase in the most recent full year.
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Budget 2025: Retirement saving for 80 percent of NZers to increase under KiwiSaver changes, analysis finds
That’s despite the reduction in government contributions to member’s balances.
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New Plymouth businesses largely support ‘investment boost’ package
The boost allows the deduction of 20 percent of the cost of new assets on top of normal depreciation.
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Fonterra confirm closure of Hamilton canning, packaging operations
Canpac workers have been given first preference for roles at other factories.
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‘End of an era’: Shoppers mourn Smith & Caughey’s closure after 145 years
After 145 years in business, the Auckland department store will close on 31 July.
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