A problem affecting 10,000 payments at Westpac Bank has left many public sector employees without pay today. Westpac spokeswoman Hayley Lynch said the bank was still investigating what caused the glitch that stopped wage payments to Government workers going through. She gave an assurance no-one would be penalised because of the problem. Staff were working
Month: April 2011
Easter trading bill slammed as ‘complete time waster’
The retail workers’ union has quickly scorned a planned parliamentary bill to allow shops to open on Good Friday. \”This is a complete time waster,\” National Distribution Union general secretary Robert Reid said today of National MP Tau Henare’s member’s bill. Mr Henare told Radio New Zealand that if his bill was selected from the
Work stoppages at record low
Work stoppage numbers in 2010 were lower than in any other calendar year since the current statistics series started in 1986. Figures published today by Statistics New Zealand (SNZ) show six work stoppages ended in the December quarter, taking the number for the year to 17. The stoppages in the three months to December involved
Jury service campaign launched
A campaign has been launched to encourage people to fulfil jury service obligations. The campaign, which involves a series of posters on websites and in newspapers, is part of a wider programme of work to improve information and services to jurors. In 2009 more than 300,000 people were summoned for jury service, but only 17
DEPARTMENT OF LABOUR UPDATE ON IMPORTANT LAW CHANGES
On 1 April new changes to Employment Legislation came into law. Our website has been completely updated with this information. It should be easier to find the information you need under these headings: Minimum employment rights Starting and hiring Holidays and leave Pay Solving problems Ending the employment relationship Changes to Employment Agreements From 1 July 2011, all
Beware politicians wielding salary statistics
As the general election approaches we can expect to have politicians brandishing statistics at us, carefully selected to suit their respective causes. The Government is keen to make the case that people are better off than they were when it took office, at least when their incomes are adjusted for inflation and tax changes. Does
[IRD] April 2011 * do NRWT rules apply to interest paid to Australian financial institutions?
In this issue you can read about: – the 2011 International tax disclosure exemption ITR21 – determinations on non-attributing active insurance CFC status (TOWER Insurance Limited) in Fiji and Papua New Guinea – QB 11/01: Residential investment property or properties in Australia owned by New Zealand resident – NRWT treatment of interest paid to Australian
Business Update: April 2011 – tax help for Christchurch earthquake affected businesses and families
In this issue you can read about tax help if youve been affected by the Christchurch earthquake, ACC levy rates for 2011-12, GST on fringe benefits, relief from KiwiSaver deductions with contributions holidays, changes to the Holidays Act, tax treatment of earthquake disposal or demolition costs, 2012 PAYE deduction tables, claiming tax credits for donations,
[IRD] Agents Answers – April 2011 – Tax help for Christchurch earthquake-affected businesses and families
In this issue you can read about tax help if you*re affected by the Christchurch earthquake, KiwiSaver contributions holidays, 2012 tax year EOT and filing, tax treatment of earthquake disposal or demolition costs, reminder about new FBT rates, tax credit claim process, GST on fringe benefits, interest calculation error, emissions trading scheme amendments, new factsheet
Staff ‘sickies’ targeted by new law
Workers who routinely pull ‘sickies’ may be dissuaded from doing so by employment law changes that come into effect tomorrow, an employment lawyer says. From tomorrow, employers will be able to request staff provide a medical certificate after only one day off work. Previously a worker had to have had three days off work before