KiwiSaver changes needed, says Savings Group

The Government’s Savings Work Group this morning recommended changes to KiwiSaver. It stopped short of compulsion, and recommended a resumption of NZ Superannuation Fund contributions and new banking sector regulations to prevent another damaging housing boom. The group, set up last year to address New Zealand’s savings and debt problems, has released its final report,

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Labour bill to ‘Mondayise’ Anzac and Waitangi days

The Labour Party will try to force the Government’s hand to ‘Mondayise’ Anzac Day and Waitangi Day if they fall on a weekend by introducing a member’s bill to make the change. Labour leader Phil Goff announced the move this afternoon at the party’s first caucus of the year – an all-day event at Auckland’s

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Minimum wage likely to get ‘modest adjustment’ – Key

7:19 PM Tuesday Jan 25, 2011 Prime Minister John Key has indicated a \”modest adjustment\” to the $12.75 an hour minimum wage is in the pipeline. Speaking at a post-cabinet press conference this afternoon, Mr Key said the issue of the minimum wage was expected to be addressed by cabinet in the next few weeks.

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First $5k tax free under Labour

1:32 PM Tuesday Jan 25, 2011 Labour leader Phil Goff outlined Labour’s new tax policy at his ‘state of the nation’ address in Auckland this afternoon. It would introduce an across the board ‘tax free zone’ so earners paid no tax on up to their first $5000 earnings, at an estimated cost of $1.3 billion.

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[IRD] Payroll Software Developers Casebook 1 April 2011 to 31 March 2012

The Payroll Specification Team are pleased to advise that the 2012 payroll software developers casebook is now available to be downloaded from the Inland Revenue website.   The direct URL link to this document is http://www.ird.govt.nz/resources/c/9/c9569f80430c55b5b863ff5d5f60e4be/casebook-2012-v1-0.pdf or alternatively http://www.ird.govt.nz/software-developers/software-dev-specs/   The version number is 1.00.   They also wish to advise The IR Payroll Communications

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Labour: We will extend paid parental leave period

Labour is promising to extend paid parental leave and make Working for Families more generous for parents of under-2s under its new social welfare policy. Labour’s social development spokeswoman Annette King has given further details about the party’s new social policies, the full details of which will be made public within two months. The plans

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Auckland workers care most about pay

Aucklanders are more concerned about their salaries than other New Zealanders, according to a survey that goes some way in confirming commonly held stereotypes. Right Management’s Salary Expectations Survey found 42 per cent of Auckland workers would look for a new job this year if not given a pay rise, compared with just 26 per

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Call to ‘Monday-ise’ public holidays gains momentum

Politicians and unions are calling on the Government to move public holidays that fall on weekends to Monday as workers face losing two days off in 2011. Waitangi Day is on a Sunday this year and ANZAC Day is cancelled out because it co-incides with Easter Monday. Labour leader Phil Goff says he wants to

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Union deals sidestep Govt’s 90 day law

5:30 AM Monday Jan 10, 2011 Unions are protecting thousands of new workers from the Government’s 90-day trial period law by negotiating collective contracts that exempt them from it. But a battle looms in the public sector, where unions say they will fight a State Services Commission order that Government agencies must include the trial

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