Social insurance could replace redundancy

Social insurance could replace redundancy
The jockeying has already begun on what the social insurance scheme should look like.
Paul McBeth
Business and union lobbies will work closely with the government in the coming months as they negotiate the details of the proposed public insurance scheme to protect workers who lose their jobs.Business NZ and the Council of Trade Unions had already been pushing for a social insurance scheme as a priority for the future of work tripartite forum in February last year, before the covid-19 pandemic forced the swift implementation of a wage subsidy scheme to save jobs and shore up business confidence.At the time, CTU president Richard Wagstaff and...

More Finance

Craigs' sweet spot for golden visa investors
Finance

Craigs' sweet spot for golden visa investors

Billionaires can go solo. For other wealthy investors, there's Craigs' new fund.

Net assets down, losses widen in Macquarie Group NZ's FY
Finance

Net assets down, losses widen in Macquarie Group NZ's FY

Financial group books wider full-year loss as net assets slip.

Staff reporters 12 Sep 2025
Rates capping could hit council credit ratings
Finance

Rates capping could hit council credit ratings

Treasury warns rates are ‘significantly below’ sustainable levels.

Oliver Lewis 11 Sep 2025
Majority of CFOs want Govt policy shift, but don't expect it
Finance

Majority of CFOs want Govt policy shift, but don't expect it

The Mood of the CFO survey shows a “two speed” economy with wildly divergent results.

Dileepa Fonseka 10 Sep 2025