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

ANZ admits 'unacceptable failure' as bond probe continues
Finance

ANZ admits 'unacceptable failure' as bond probe continues

Regulator is investigating the bank over its bond turnover data.

AAP 25 Jul 2024
ComCom will try to bring down PayWave, credit card surcharges
Finance

ComCom will try to bring down PayWave, credit card surcharges

Card industry tried to regulate itself, Govt has tried, now it is ComCom's turn.

Staff reporters 23 Jul 2024
Massive cyber outage cripples banks and other organisations worldwide
Finance

Massive cyber outage cripples banks and other organisations worldwide

A major cybersecurity outage has taken out computer-reliant services

Dileepa Fonseka 19 Jul 2024