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Consultation on new mortgage bond standard extended and loan template published

By   /  February 15, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Consultation on new mortgage bond standard extended and loan template published

Source: Reserve Bank of New Zealand Release date 15 February 2019 The Reserve Bank is extending the consultation period for the proposed mortgage bond standard. The new standard is aimed at supporting confidence and liquidity in the New Zealand markets. Consultation began in November. Following requests from stakeholders, the Reserve Bank has extended the consultation […]

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New RBNZ monetary policy committee remit reiterates focus on price stability and employment

By   /  February 14, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on New RBNZ monetary policy committee remit reiterates focus on price stability and employment

Source: Reserve Bank of New Zealand Release date 14 February 2019 News release issued by the Minister of Finance The Coalition Government’s plan to reform and modernise the Reserve Bank Act experienced an important milestone today, Finance Minister Grant Robertson says. Grant Robertson and Reserve Bank Governor Adrian Orr today signed the first ‘remit’ setting […]

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Biggest-ever waste treatment plant in a refugee camp is ‘step forward’ for safer human waste disposal in emergencies

By   /  February 1, 2019  /  24-7, 24/7 News, Activist Organisations, AM-NC, Economy, Environment, FifthEstate1, KB, Lobby Groups, MIL NZ OSI, New Zealand, New Zealand NGOs, Oxfam New Zealand  /  Comments Off on Biggest-ever waste treatment plant in a refugee camp is ‘step forward’ for safer human waste disposal in emergencies

Source: Oxfam New Zealand Oxfam has opened the largest human waste treatment plant ever built in a refugee camp, in Cox’s Bazar, Bangladesh. The industrial-scale plant, funded by the UN Refugee Agency, UNHCR, can process the waste of 150,000 people – a population bigger than Tauranga.  Being able to treat large volumes of faecal waste on site, […]

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Clear as mud: Water is under pressure, NZIER Insight 78

By   /  January 31, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, KB, MIL NZ OSI, New Zealand, New Zealand Institute of Economic Research, Science  /  Comments Off on Clear as mud: Water is under pressure, NZIER Insight 78

Source: New Zealand Institute of Economic Research 31 January 2019 As part of NZIER’s 60th birthday celebrations, the NZIER undertook with its own resources research to further understand New Zealanders concerns about water quality and found that river visibility (water clarity) was most valued by Kiwis. Read the Insight here. Go Back MIL OSI

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Key appointment at Guardians of New Zealand Superannuation

By   /  January 30, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, Investments, KB, MIL NZ OSI, New Zealand, New Zealand Government Public Service, New Zealand Superannuation Fund  /  Comments Off on Key appointment at Guardians of New Zealand Superannuation

Source: New Zealand Superannuation Fund The Guardians of New Zealand Superannuation has appointed Sam Porath to the position of Manager – NZ Equities. Mr Porath will lead the team managing the NZ Super Fund’s in-house active New Zealand equities mandate. Currently Portfolio Manager – Strategic Tilting, Mr Porath joined the Guardians in 2013 from Russell […]

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FMA and RBNZ report on life insurer conduct and culture

By   /  January 29, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, Financial Markets Authority, KB, MIL NZ OSI, New Zealand, New Zealand Government Public Service  /  Comments Off on FMA and RBNZ report on life insurer conduct and culture

Source: Financial Markets Authority Media release MR No. 2019 – 0229 January 2019 The Financial Markets Authority (FMA) and Reserve Bank of New Zealand (RBNZ) have completed their joint review of 16 New Zealand life insurers. This review follows the regulators’ bank review published in November 2018. Rob Everett, FMA Chief Executive said: “Overall the report […]

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Bank capital review background papers released, consultation extended

By   /  January 25, 2019  /  24/7 News, AM-NC, DJF, Economy, FifthEstate1, KB, KB, New Zealand Reserve Bank, Public Sector  /  Comments Off on Bank capital review background papers released, consultation extended

Source: New Zealand Reserve Bank Release date 25 January 2019 The Reserve Bank has released background papers relating to its ongoing review of the minimum amount of capital that banks must hold. The Reserve Bank is currently consulting on a proposal to raise the amount of capital that banks must hold. This change would make bank […]

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Taxpayers’ Union recognises rightful Venezuelan leader

By   /  January 24, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on Taxpayers’ Union recognises rightful Venezuelan leader

Source: Taxpayers Union Taxpayers’ Union recognises rightful Venezuelan leader 24 JANUARY 2019FOR IMMEDIATE RELEASE The New Zealand Taxpayers’ Union stands in solidarity with the Venezuelan people today as they courageously protest an authoritarian, socialist government. Taxpayers’ Union spokesman Louis Houlbrooke says, “For too long, Venezuelans have suffered in hunger and poverty due to the leftist policies […]

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NZX & FMA initiate industry review: Capital Markets 2029

By   /  January 24, 2019  /  24-7, 24/7 News, AM-NC, DJF, Economy, Finance, Financial Markets Authority, KB, MIL NZ OSI, New Zealand, New Zealand Government Public Service  /  Comments Off on NZX & FMA initiate industry review: Capital Markets 2029

Source: Financial Markets Authority NZX and the Financial Markets Authority (FMA) have initiated an industry-led review of New Zealand’s capital markets. Capital Markets 2029 is designed to deliver a ten-year vision and growth agenda for the sector. Capital Markets 2029 will consider the current framework and broader ecosystem of New Zealand’s capital markets and outline […]

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Shellfish biotoxin alert – Bay of Plenty and Waikato region

By   /  January 23, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, New Zealand Ministry for Primary Industries, Public Sector  /  Comments Off on Shellfish biotoxin alert – Bay of Plenty and Waikato region

Source: New Zealand Ministry for Primary Industries Date: 23 Jan 2019 Media contact: MPI media team The Ministry for Primary Industries (MPI) today issued a public health warning advising the public not to collect or consume shellfish harvested from the Bay of Plenty/Waikato region from Te Ororoa Point, just north of Tairua, down to Bowentown […]

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Rob Hosking remembered

By   /  January 23, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on Rob Hosking remembered

Source: Taxpayers Union Rob Hosking remembered 23 JANUARY 2019FOR IMMEDIATE RELEASE With sadness, the New Zealand Taxpayers’ Union responds to the death of Rob Hosking. The Union’s Chairman Barrie Saunders says, “This news marks a terrible loss. Through his wit, insight, and tremendous institutional knowledge, Rob earned his place as one of New Zealand’s most respected […]

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Byanyima and Ardern talk NZ budget, inequality, climate change

By   /  January 23, 2019  /  24-7, 24/7 News, Activist Organisations, AM-NC, DJF, Economy, Environment, KB, Lobby Groups, MIL NZ OSI, New Zealand, New Zealand NGOs, Oxfam New Zealand  /  Comments Off on Byanyima and Ardern talk NZ budget, inequality, climate change

Source: Oxfam New Zealand Winnie Byanyima and Prime Minister Ardern at the World Economic Forum 2019 in Davos, Switzerland.  Oxfam International executive director Winnie Byanyima and New Zealand prime minister Jacinda Ardern have met to discuss global and New Zealand issues including the upcoming national well-being budget and global inequality. The meeting occurred as part […]

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‘Tar baby’ report exposes Kiwibuild as welfare for the rich, waste of money

By   /  January 22, 2019  /  24/7 News, AM-NC, DJF, Economy, FifthEstate1, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on ‘Tar baby’ report exposes Kiwibuild as welfare for the rich, waste of money

Source: Taxpayers Union ‘Tar baby’ report exposes Kiwibuild as welfare for the rich, waste of money 22 JANUARY 2019FOR IMMEDIATE RELEASE Responding to the release of the New Zealand Initiative’s new report, Kiwibuild – Twyford’s Tar Baby, New Zealand Taxpayers’ Union spokesman Louis Houlbrooke says: “While the Taxpayers’ Union would not have used such inflammatory language, […]

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Oxfam report is fake news and demonstrates why it should lose charitable status

By   /  January 22, 2019  /  24/7 News, AM-NC, DJF, Economy, FifthEstate1, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on Oxfam report is fake news and demonstrates why it should lose charitable status

Source: Taxpayers Union 22 JANUARY 2019FOR IMMEDIATE RELEASE While Oxfam claims inequality is increasing and uses its latest report to push a political campaign, the official data shows the complete opposite, says the New Zealand Taxpayers’ Union.Taxpayers‘ Union Executive Director Jordan Williams says, “Oxfam bases their conclusions from the Credit Suisse Global Wealth Databook 2018. That report shows […]

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Bank Financial Strength Dashboard wins international award

By   /  January 22, 2019  /  24/7 News, AM-NC, DJF, Economy, FifthEstate1, KB, KB, New Zealand Reserve Bank, Public Sector  /  Comments Off on Bank Financial Strength Dashboard wins international award

Source: New Zealand Reserve Bank Release date 22 January 2019 Central Banking Publications has named the Bank Financial Strength Dashboard as ‘Initiative of the Year’ in its annual awards. In announcing the award, Central Banking commented that very few central banks have opened up their financial system to public scrutiny to quite the same level […]

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Revenue neutrality a no-brainer for a fair capital gains tax

By   /  January 18, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on Revenue neutrality a no-brainer for a fair capital gains tax

Source: Taxpayers Union Revenue neutrality a no-brainer for a fair capital gains tax 18 JANUARY 2019FOR IMMEDIATE RELEASE  The Tax Working Group’s expected recommendation to cut income tax to offset the burden of capital gains tax is a no-brainer if the new tax is to be fair to New Zealanders, says the New Zealand Taxpayers’ Union. “Revenue […]

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$36 million investment approved to tackle regional erosion

By   /  January 17, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, New Zealand Ministry for Primary Industries, Public Sector  /  Comments Off on $36 million investment approved to tackle regional erosion

Source: New Zealand Ministry for Primary Industries Date: 17 Jan 2019 Media contact: MPI media team Te Uru Rākau (Forestry New Zealand) has announced funding of almost $36 million through the Hill Country Erosion Fund (HCEF) to enable much-needed erosion control in the regions. The HCEF supports proposals to protect our most vulnerable hill country […]

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NZIER’s QSBO shows an improvement in sentiment and demand – Quarterly Survey of Business Opinion, January 2019

By   /  January 15, 2019  /  24/7 News, AM-NC, Business, DJF, Economy, KB, KB, New Zealand Institute of Economic Research, Private Sector  /  Comments Off on NZIER’s QSBO shows an improvement in sentiment and demand – Quarterly Survey of Business Opinion, January 2019

Source: New Zealand Institute of Economic Research 15 January 2019 The latest NZIER Quarterly Survey of Business Opinion (QSBO) shows businesses remained downbeat about the economy in the final quarter of 2018, but less so. The results can be summarised as “less gloomy” rather than “more happy”, with a net 18 percent of businesses expecting […]

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Green Party bequeathment welcomed

By   /  January 14, 2019  /  24/7 News, AM-NC, DJF, Economy, KB, KB, NGOs, Press Release, Taxpayers Union, Unions  /  Comments Off on Green Party bequeathment welcomed

Source: Taxpayers Union 14 JANUARY 2019FOR IMMEDIATE RELEASE  The New Zealand Taxpayers’ Union has announced it will open a planned giving programme in light of a $350,000 bequeathment to the Green Party. “Good on Ms Harris for her democratic participation. The extent of her generosity toward the party of her choice reflects well on the strengths […]

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