Student loans the debt mountain

5:30 AM Monday Nov 1, 2010 Shrink Students are starting off in the red. Photo / APN Nearly 900,000 people have taken student loans since the scheme started, and more than two-thirds have not fully repaid the money back. A Ministry of Education report says only $6.4 billion of the $13.9 billion borrowed since students

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Here is the change from the so called Hobbit Act

This is what the change will be for the so called Hobbit Act Employment Relations (Film Production Work) Amendment Act 2010 No 120, Public Act  Meaning of employee (1) Section 6(1) is amended by adding “; and” and also by adding the following paragraph: o    “(d) excludes, in relation to a film production, any of the following

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Hobbit bill passes first reading

Parliament was tonight working its way through a labour law change the Government says is essential to ensure The Hobbit movies are made in New Zealand. But the legislation was running into stiff opposition from the Labour Party. The three-page Employment Relations (Film Production Work) Amendment Bill changes the Employment Relations Act so there is

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[IRD] 2012 Draft Payroll Specification now available

We are pleased to advise we now have a draft Payroll Specification Document for the period 1 April 2011 to 31 March 2012 available to be downloaded from our website.   Where http://www.ird.govt.nz/software-developers/software-dev-draft-spec/ This URL takes you to the covering page where you can select \”Draft payroll specification\” to download.   Feedback on the draft

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[IRD] October 2010 – Tax Agents October 2010 issue

In this issue you can read about, tax help for small businesses affected by the earthquake, GST now the rate has changed, changes help businesses move to new GST rates, recent standard practice statements, KiwiSaver amendments, lease terms for depreciation purposes, how to link or delink your client when they*re a restricted client, L letters,

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IHC firms put under statutory management

Two companies that care for disabled people asked to be put under statutory management because they could not afford the potential $176 million liability of a court-ordered requirement to pay workers for the time they are asleep at their care houses. Commerce Minister Simon Power this morning announced that the Government had put Idea Services

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ACC seeks experience rating for levies

Employers who make fewer injury claims should pay less, the Accident Compensation Corporation (ACC) says. ACC is consulting from today on proposed increases to levies but they are unlikely to go ahead after its minister Nick Smith said he was unlikely to support them. The organisation is also consulting on implementing an \”experience rating\” in

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